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Bitcoin Pizza Day has a habit of lining up with price spikes. Every May 22, BTC charts tend to pop, mirroring the move from $6 in 2011 up to $126k in 2025. Traders are already positioning for another leg up in 2026.
This looks less like a random market drift and more like a recurring rally tied to media coverage and fresh retail inflows each summer. $ETH typically follows a few weeks later, amplifying the broader market sentiment.
I lean bullish here because on-chain data points to tightening supply ahead of the anniversary, and the current halving cycle still has room to reduce available supply further. That said, a macro risk-off shift or a regulatory surprise could break the momentum fast. If that happens, the ceiling may cap out around $80-90k instead of the $110k level some are eyeing.
If the supply squeeze holds, the 2026 Pizza Day could set a new psychological benchmark. But any macro turbulence will likely deflate the hype quickly.
Personal analysis only. Not financial advice. DYOR.
#OKXPizzaDay #TrillionDollarIPOs #HYPEShortSqueeze
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