Opinion: Bitcoin is expected to hit $120000 within a few weeks

According to BlockBeats, on May 22nd, Joe DiPasquale, CEO of cryptocurrency hedge fund BitBull Capital, stated that Bitcoin is expected to test the $120000 price range in the coming weeks. DiPasquale pointed out that $112000 is the next psychological resistance level, and if the current momentum continues, coupled with continued inflows of exchange traded fund (ETF) funds and macroeconomic support, Bitcoin may hit $120000 within a few weeks. （Forbes）