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Bitcoin price news: BTC closing May over $76,000 would confirm bull market, Tom Lee says

CoinDesk
Tom Lee states that if Bitcoin maintains its price above $76,000 through May, it will definitively confirm the end of the bear market.

Summary

Speaking at Consensus 2026, Tom Lee, co-founder of Fundstrat, argued that Bitcoin's recent performance signals a new bull cycle. He emphasized that three consecutive months of positive gains, combined with a monthly close above $76,000, would definitively end the bear market. Lee identified the rise of asset tokenization and AI-powered financial agents as the primary technological drivers of this shift, suggesting that crypto-native institutions will increasingly displace legacy financial firms.

(Source:CoinDesk)