5.22: Bitcoin breaks new highs as expected, fully embracing the bulls
The badge has been continuously encouraging everyone to bottom out and buy more since last month, recharging everyone's belief in the bull market, and allowing us to witness the new high of BTC together. Yesterday, an article was released informing that a new high for BTC would appear within 24 hours, helping everyone avoid shorting, and hoping that the badge's persistent bullish outlook brings value to everyone.
Currently, Bitcoin's rally is characterized by sustained active buying rather than a trap for more buyers, so price support will be strong, and short-term pullbacks will be minimal. More situations will continue to test upward movement, as all trapped positions have been unlocked, and the main force has accumulated chips at high levels, significantly raising the average price, which means that a higher price is needed to provide sufficient selling intervals. The conservative estimate for Bitcoin's peak this round is 160,000 USD, with an optimistic outlook potentially exceeding 200,000 USD. At this point, we should participate in some mainstream coin longs to respond, holding and waiting for the mid-term rise. Here, we recommend ENS (23.60 USD), ZEN (10.20 USD), RUNE (2.00 USD), PENDLE (4.50 USD), CHR (0.108), each coin is expected to see a 50% increase.