# Tom Lee Says Democrats Now Want to Pass Crypto Legislation By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/49538 Published: 2026-11-05T20:39:50.000Z Updated: 2026-11-05T20:39:50.000Z Section: Regulation > Lee previously cited nine crosses above the 200-day moving average since 2012, with eight serving as bull-market flags in his view. Tom Lee said Democrats who opposed crypto legislation just before the midterms now want to pass it. Lee linked that claim to his bullish outlook for Bitcoin (BTC). Lee has previously argued that a crypto bull market was underway. In an earlier assessment, he cited nine crosses above the 200-day moving average since 2012, with eight of the nine serving as bull-market flags in his view. TokenPost [previously covered Lee’s market-cycle case](). ## Links in this article - [previously covered Lee’s market-cycle case](https://www.tokenpost.com/news/investing/29186)