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Just noticed: Bitcoin surpassed the $76,000 mark in May and is currently even trading above $81,000. That's interesting because Tom Lee interprets this as a signal for a new bull market.
Looking at the price movement, it makes sense – such a stable breakthrough above this threshold could indeed mark the end of the bear markets and confirm a new bull market. Lee has a good point: technical levels are important for market psychology.
The interesting thing is that we are already well above this $76,000 mark. If this holds and the bull market really gains momentum, it could be a significant turning point. Let's see how stable this upward trend remains.