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

DiPasquale pointed out that $112,000 is the next psychological resistance level, and if the current momentum continues, along with the ongoing inflow of exchange-traded fund (ETF) capital and supportive macro environment, Bitcoin may reach $120,000 within weeks. (Forbes)

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