Can Bitcoin hit 108,000 USD? Bullish fundamentals suggest yes

On April 25, Bitcoin reached 95,976 USD during a rally, marking its highest point since early March. The market reclaiming this level reflects growing investor interest.

Crypto analyst Willy Woo indicates that increasing capital flows signify a bullish environment. He emphasizes that both total and speculative flows have bottomed, suggesting further potential gains.

While mid-term targets of 90,000 USD and 93,000 USD have been achieved, Woo maintains that the 108,000 USD goal is realistic. He suggests a potential for stability or gradual upward trends in the coming days.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts