Bitcoin Price Rise: Analysts Expect BTC to Break All-Time Highs

Bitcoin is about to break its all-time high as a leading analyst notices a strong influx of capital, solid fundamentals, and heightened investor confidence driving a bullish rally. Bitcoin is about to break its all-time high as fundamental factors drive a major bullish rally. Willy Woo, a renowned on-chain bitcoin analyst, shared an optimistic outlook on BTC on the social media platform X on April 27, highlighting a significant shift in market sentiment. Woo stated: The fundamental factors of BTC have shifted to a bullish trend, this is not a bad opportunity to break the all-time high. Emphasizing the strength of the recent capital trend, Woo explained: "The flow of capital into the network is increasing. Both the overall capital flow and speculative capital have bottomed out, and as both are linked together, they will work in tandem to create a bullish environment anchored in fundamental factors." Woo's analysis indicates that not only has speculative interest returned, but more importantly, fundamental investment is also reinforcing the market. He further explained the price target by noting: "Our medium-term targets of 90K and 93K have been set. The target of 108K is still being pursued with a new temporary target of 103K forming." According to Woo, achieving these milestones signals that Bitcoin is progressing along a strong technical path, supported by a revival of liquidity and investor confidence. The analyst concluded his outlook with a broader perspective on the market's trajectory. He remarked: BTC is preparing to reach a new all-time high if the capital flow trend continues. "This is a solid long-term setup. Every dip is a buying opportunity under the current regime. In the short term, a dip is more likely to occur," he explained clearly. Although Woo acknowledges the possibility of small pullbacks in the near future, he emphasized that under current conditions, such dips are likely to be opportunities rather than warning signs. His analysis indicates that if the capital flow continues to maintain the upward momentum, Bitcoin may soon be ready to challenge and surpass its previous peak price.