Earlier today, on May 29, the bitcoin price dropped to $7,040, to its new monthly low. Since then, BTC has recovered to $7,450, but regardless of the newly formed optimism in the market, it is still too early to conclude the start of a new bull market.
ref： https://www.ccn.com/bitcoin-price-rebounds-from-7040-to-7450-but-bulls-yet-to-turn-up/
