Bitcoin Poised for New Highs Amid Rising Capital Flows, Says Analyst
- Bitcoin fundamentals are bullish, according to analyst Willy Woo.
- Capital flows into Bitcoin have increased, with both total and speculative flows bottoming.
- The volume-weighted average price (VWAP) indicator is high, suggesting potential sideways price action in the short term.
- Bitcoin is currently trading at $93,768, marking an 11% increase over the past seven days.
Veteran analyst Willy Woo indicates that Bitcoin’s current bullish fundamentals and increasing capital flows could lead to new all-time highs. However, short-term movements may see sideways action due to a high VWAP indicator. Bitcoin’s recent trading value reflects significant growth.
Source (2.6)https://dailyhodl.com/2025/04/28/bitcoin-setting-up-for-break-of-all-time-highs-as-capital-flows-into-btc-ramp-up-says-analyst-willy-woo/?rand=59076
