Uncle Sam stirs up the crypto storm? Bitcoin may hit $120,000 by the end of May!

On May 22, a significant prediction emerged in the cryptocurrency space. Joe DiPasquale, CEO of cryptocurrency hedge fund BitBull Capital, boldly stated that Bitcoin is expected to test the $120,000 level in the coming weeks. The global financial situation under Uncle Sam's leadership is also viewed as a key factor influencing Bitcoin's trend.

DiPasquale further pointed out that $112,000 is the next psychological resistance level. If the current upward momentum can be sustained, and funds continue to flow into exchange-traded funds (ETFs), supported by the macro environment, Bitcoin is very likely to reach this high of $120,000 within weeks. It is worth noting that the monetary policy and other macro factors of the United States, where Uncle Sam resides, have an undeniable impact on the trends of cryptocurrencies like Bitcoin. In the future, whether Bitcoin can successfully challenge this price level under the influence of Uncle Sam-related factors remains to be seen! #Bitcoin #Cryptocurrency #UncleSam