Opinion: Bitcoin Poised to Surge to $120,000 Within Weeks

BlockBeats News, May 22nd, CEO of cryptocurrency hedge fund BitBull Capital, Joe DiPasquale, stated that Bitcoin is expected to test the $120,000 price level in the coming weeks.

DiPasquale pointed out that $112,000 is the next key psychological resistance level. If the current momentum continues, along with ongoing inflows from Exchange-Traded Fund (ETF) activity and supportive macro environment, Bitcoin could reach $120,000 in the next few weeks. (Forbes)