Saw this take from a crypto analyst earlier - if Bitcoin closes May above a certain level, it basically signals we're in a new bull market cycle. The idea is that breaking through resistance confirms the end of the crypto bear market and shifts momentum upward. Pretty straightforward technical thinking. Interesting timing since BTC is already trading around $80K right now, which would be well above that threshold. So either we're already seeing that confirmation play out, or the market's gotten ahead of the signal. Either way, watching how we finish this month could be telling for the broader trend. If this holds, it suggests institutional and retail traders both see room to run higher from here. Not financial advice obviously, but worth keeping an eye on where the close lands.

BTC0.3%
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