Caught Tom Lee's take on Bitcoin earlier and it got me thinking. His whole thesis is that if BTC closes out May above 76k, that's basically the green light for a legit bull market. Pretty straightforward signal, right? We're already sitting at 81k so technically we're well past that threshold.

The interesting part is how Tom Lee frames these price milestones as confirmation points rather than just random numbers. It's not just about hitting a number, it's about what that number represents for market structure and momentum. When you're looking at May closes specifically, you're watching for sustained strength into month-end.

Given where we're trading now, if this holds through the rest of May, Tom Lee's scenario basically plays out. That kind of technical confirmation tends to attract more institutional attention, which usually means more fuel for the move. Not financial advice obviously, just observing what some of the bigger market analysts are watching for.