Overview
- Tom Lee, who spoke Thursday at Consensus 2026 in Miami, said a May close above $76,000 would confirm the bear market is over because it would mark three straight monthly gains.
- Bitcoin traded near $80,000 in early May after closing April at $76,300 on CoinDesk’s index.
- Lee pointed to veteran analyst John Bollinger, who said his trend model turned positive on Bitcoin this week.
- Lee said tokenization, which moves real-world assets onto blockchains so they can trade and settle onchain, will be a main driver of the next bull market.
- He cited rising use of stablecoins as proof the shift is underway, noting reported stablecoin transaction volumes have surpassed Visa’s payment totals.