Will Bitcoin Reach $108,000? Willy Woo’s Bullish Prediction Explained

Renowned crypto analyst Willy Woo predicts that Bitcoin could soon hit a new all-time high, fueled by increasing capital inflows and bullish market sentiment. In a recent X post, Woo points out that the rising capital inflow into the Bitcoin network, combined with the speculation driven from recent lows, creates a solid environment for further price growth. According to Woo, the asset’s risk model indicator is trending down, suggesting a return of liquidity to the crypto market. This decrease in downside pressure indicates that any pullbacks are likely to be short-lived and shallow.