{"id":28351,"date":"2025-05-23T17:46:31","date_gmt":"2025-05-23T17:46:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28351"},"modified":"2025-05-23T17:46:31","modified_gmt":"2025-05-23T17:46:31","slug":"bitcoin-extends-rally-from-may-lows-can-it-break-120000-next","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28351","title":{"rendered":"Bitcoin Extends Rally From May Lows \u2014 Can It Break $120,000 Next?"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) is continuing its run, with analysts now eyeing the $115,000\u2013$120,000 range as the <a href=\"https:\/\/www.benzinga.com\/money\/bitcoin-price-prediction\">next logical targets.<\/a><\/p>\n<p><strong>What Happened:<\/strong> Crypto analyst ElonMoney <a href=\"https:\/\/x.com\/0xelonmoney\/status\/1925817857415274793\">attributes<\/a> the rally to over $3.3 billion in spot Bitcoin ETF inflows, led by (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>), (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/FBTC#NASDAQ\">FBTC<\/a>) and (OTC:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/ARKB#OTC\">ARKB<\/a>). Notably, $934 million flowed in on May 22 alone.<\/p>\n<p>The Coinbase Premium Index, a metric showing U.S. investor demand, remains firmly positive, further confirming strong institutional appetite. <\/p>\n<p>Technically, BTC is trading above key &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45592811\/bitcoin-extends-rally-from-may-lows-can-it-break-120000-next\" alt=\"Bitcoin\" extends rally from may lows can it break next>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) is continuing its run, with analysts now eyeing the $115,000\u2013$120,000 range as the next logical targets. What Happened: Crypto analyst ElonMoney attributes the rally to over $3.3 billion in spot Bitcoin ETF inflows, led by (NASDAQ:IBIT), (NASDAQ:FBTC) and (OTC:ARKB). Notably, $934 million flowed in on May 22 alone. The Coinbase Premium Index, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28351","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28351"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28351\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}