#BTC How will Bitcoin behave after the record?

On the night of May 22, Bitcoin updated its historical maximum, rising in price above $111,000. In a day, it increased by more than 4%, and in a month — by 25%. The psychologically important level of $110,000 has been surpassed. Crossing $110,000 and solidifying the Bitcoin exchange rate above this level opens the movement of the asset to $115–117,000.

Bitcoin still has plenty of reasons for growth. BTC reserves on exchanges are at a minimum. The shortage of cryptocurrency is increasing. The market is clearly not yet saturated. Investor sentiment and search query statistics indicate that cryptocurrency is far from overheating. And, although summer is ahead — a season when the crypto market traditionally cools down, events in this cycle may unfold in a completely different way...