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Crypto Prune > Market > $110,000 Bitcoin! And what?
Market

$110,000 Bitcoin! And what?

8 months ago 2 Min Read

Bitcoin (BTC) prices are marked. This is the first time in its history that its figure is $110,000.

Already this morning, digital currency had exceeded its previous historical maximum, but has since been revised. Now the BTC has come out.

The following graph provided by TrainingView shows how BTC works from 2025.

As Cryptootics explained, this price rise is due to a combination of factors. Large-scale institutional adoption and increased demand from retail investors.

$110,000 is the number of rounds, making up the sector that will benefit potential. You might think Bitcoin will have a good time around this price range.

In a dialogue with this useful portal, Iván Paz Chain, CEO of TrainingDifferent, had anticipated that. $110,000 is a region with a lot of liquiditytherefore, Bitcoin tends to go to these prices.

But trader and market analyst Willie Wu argues that $110,000 is just the beginning of something much bigger. This morning, Wu wrote in his X account:

“If BTC properly breaks historic maximum, the 118K moves very quickly.”

Willie Woo, trader and market analyst.

Wu, at his discretion, BTC presents a “solid, long-term perspective.”

According to on-chain data compiled and analyzed by GlassNode, Still more important for Bitcoin. For the analytics company, “the digital asset market remains strong.” The company added a recent report that it is “a historic milestone that has seen a significant increase in capital tickets, driving capitalization above $900,000 for the first time, highlighting the deep liquidity of the market.”

For everything mentioned, it can be thought of Bitcoin’s upward cycle still has the power to continue. Of course, this does not mean that digital currencies can make bassist modifications, but in Willie Wu’s words it offers the opportunity to buy BTC at a lower price each fall.

See also  Ethereum formed a golden cross that anticipates a higher price rise

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