I just saw that Bitcoin is closing May above $81,000, well above what some analysts expected. Tom Lee recently commented that if BTC closes May above $76,000, we would be confirming a new bull market, and well... it looks like we're heading straight to that.

The interesting thing is that after so much bearish market we saw a few months ago, the sentiment has now changed quite a bit. The movement this month has almost an 11% gain, so the bullish trend looks quite clear on the charts.

Of course, it's no guarantee of anything, but these psychological levels matter for momentum. If Bitcoin maintains these prices by the end of the month, we will probably see more institutional investors entering in the coming months.