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Just noticed something interesting about Bitcoin's May close. If BTC ends the month above $76k, according to analyst Tom Lee, that would basically confirm we're shifting into a new bull market territory. Right now we're sitting at $80.81k, so we're already past that threshold heading into the final stretch of May.
There's been so much noise about the crypto bear market and when it's actually over, but price action like this matters. Tom Lee's been pretty vocal about watching these specific levels as key inflection points. The thing is, closing above that mark for the month would signal real momentum change, not just a temporary pump.
If we actually hold here through month-end, it could mean we're genuinely moving out of the bear market phase and into something different. Obviously there's still volatility to deal with, but that kind of monthly close would be a pretty solid confirmation signal for the bulls.