Fundstrat's Tom Lee has drawn a clear line in the sand: if Bitcoin holds above $76,000 through May, he considers the bear market definitively over. The call frames the $76K level as the critical threshold separating a prolonged downturn from a confirmed recovery.
Lee's sentiment carries weight with institutional and retail audiences alike — his macro-driven Bitcoin calls have historically moved short-term positioning. A sustained hold above that level through month-end would give bulls a widely-cited technical and psychological anchor to point to heading into the summer.
For now, the $76K floor is the number to watch. A decisive close below it would reopen the bear case; continued strength above it builds the narrative Lee is signalling.
CoinTelegraph