Tom Lee, chairman of BitMine (BMNR) and co-founder of Fundstrat, predicted that the BTC bear market is highly likely to have virtually ended. According to CoinDesk, he attended the Consensus 2026 Miami event and emphasized, "BTC is breaking out of the downtrend that saw it plummet from $126,000 in October last year to $60,000 in February this year. BTC has seen consecutive monthly gains in March and April, and is up an additional approximately 5% in May. There has never been a case where BTC closed with a gain for three consecutive months during a bear market. If BTC closes above $76,000 this month, the bear market is definitely over."
