Just saw Tom Lee's take on Bitcoin and it's worth paying attention to. He's saying if BTC closes out May above $76,000, that's basically the confirmation we need for a proper bull market. Right now we're sitting at $81.15K, so we're already comfortably above that level, which is a solid signal. The thing is, hitting and holding above that threshold would mean we're not just seeing a temporary bounce—it would validate that we're in actual bull market territory, not just a relief rally. Lee's been pretty accurate on these macro calls before, so when he puts out specific price targets like this, traders tend to take notice. The bull market narrative has been building momentum over the past few weeks, and if we can maintain these levels through May close, it really does shift the whole market psychology. Everyone's watching to see if we get that bull market confirmation or if this is just another false start. Either way, these next couple weeks are crucial for setting the tone for the rest of the year.

BTC-0.22%
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