Bitcoin’s Ascent Resumes: Analyst Sets Sights on $108K as Momentum Builds

 

Capital Inflows and On-Chain Strength Spark Renewed Optimism

Bitcoin could be poised for a breakout beyond its previous all-time highs, according to on-chain analyst Willy Woo, who has highlighted a potent mix of technical strength, capital inflows, and improving market sentiment. Sharing his latest insights on social platform X, Woo emphasized that the conditions are aligning for another major rally — one that could propel BTC past the $108,000 mark.

“BTC fundamentals have turned bullish,” Woo noted, pointing to the revival in both speculative and fundamental flows. “Not a bad setup to break all-time highs,” he added, underscoring that capital is now entering the network at an accelerating rate. Woo believes that when speculative activity and real investor capital converge, it creates a powerful market foundation that is not easily shaken.

According to his data, both medium-term targets of $90,000 and $93,000 have already been surpassed. Woo now eyes $103,000 as an interim milestone, with a longer-term objective of $108,000 firmly on the table. He views this trajectory not as speculative hype, but as a reflection of deepening investor conviction and growing network value.

Short-Term Volatility, Long-Term Strength

While Woo cautioned that some short-term dips are likely, he framed them as opportunities rather than red flags. “It’s a solid long-term setup,” he said, advising that current pullbacks should be viewed as chances to accumulate. “All dips are for buying under the present regime,” he added, reinforcing the view that Bitcoin remains in a fundamentally strong position.

His analysis comes amid a wider shift in the crypto market, where investor sentiment is increasingly leaning bullish. With liquidity returning and macroeconomic uncertainties softening, many see Bitcoin as regaining its role as both a hedge and a high-growth asset.

If capital inflows continue at this pace and market momentum holds, Bitcoin may soon leave its previous peak behind — with $108K emerging as the next key psychological and technical milestone.

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