Fundstrat Global Advisors founder Tom Lee warned that the crypto market will be very volatile in the coming months, but investors will be able to use a “buy the dip” strategy.

In an interview with CNBC, the Fundstrat founder warned that the upcoming US presidential election could cause the market to become unpredictable and face short-term fluctuations. Lee urged investors to tread carefully, but be prepared to buy digital assets and look for strategic opportunities to enter the crypto market at more favorable rates.

According to Lee, market sentiment is changing. Therefore, those who buy cryptocurrencies for the long term and are willing to wait patiently may benefit from buying at a lower rate. Those investors who remain vigilant may benefit from market corrections that may occur in the near future.

“Bitcoin has been up seven out of eight months this year, so we know it’s an incredibly strong market. There’s going to be buying opportunities for people over the next eight weeks. Be cautious, but be prepared to buy the dip. I think the market has been betting in recent days that Donald Trump is going to be better than the polls are showing,” the Fundstrat founder said.

According to Tom Lee’s forecast, Bitcoin was expected to reach a new high of $150,000 this year. Lee believes that in five years, the first cryptocurrency will be trading for $500,000.