Just saw Bitcoin sitting above 81K right now, and honestly, there's been a lot of talk about what price level actually confirms we're in a new bull market. Fundstrat's Tom Lee has been pretty vocal about this - he's saying if BTC closes May above 76K, that's the real signal we've flipped from bear market territory into something more bullish.



The interesting part is how specific that threshold is. It's not just about hitting a number, it's about holding it through the month close. If that happens, it basically says the bear market is properly behind us and institutional money is getting more comfortable coming back in.

Right now we're well past that level, which is why you're seeing a lot of optimism in the chats. But traders are still watching to see if we can actually maintain this without another pullback. Even in bull markets you get corrections, so the real confirmation is less about one spike and more about sustained momentum. Curious to see how this plays out by end of month.
BTC-0.75%
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