Tom Lee: Bitcoin Wallets at 'Internet 1996' — Early-Stage Adoption, Buy on Weakness
I agree with Tom Lee: Bitcoin wallet metrics look like the internet in 1996 — an early-stage adoption signal with a long runway ahead.
I view wallet growth and active-address trends as meaningful leading indicators that support a multi-year bull case, while acknowledging material short-term volatility and regulatory risk.
My plan is to accumulate on weakness using position sizing and dollar-cost averaging, and to monitor on-chain adoption and regulatory developments as the main triggers to adjust exposure.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.