Willy Wu predicts bitcoin growth

The famous onchain analyst Willy Wu believes that Bitcoin (BTC) may return to his historical maximums if the current capital tributaries are preserved.

He noted that investors should perceive price reduction as healthy corrections and opportunities for purchase, and not as signs of market collapse.

Can bitcoin return to ATH

Wu shared his thoughts in the thread in the social network X (former Twitter). He believes that strong fundamental factors support Bitcoin’s bull trend. Among them is the growing influx of capital to the Bitcoin network, which creates a bull environment for cryptocurrency.

Moreover, Wu emphasized that bitcoin liquidity is strengthened – his risk model demonstrates a decrease, which indicates the normalization of the market. This means that in the future the price reduction is most likely to be smooth, without sharp collapses, minimizing the risk of panic sales.

The analyst noted that Bitcoin has already reached the medium -term price goals of $ 90,000 and $ 93,000. A new target has appeared at $ 103,000.

Are there any pitfalls

Despite the optimistic long -term forecast, Wu warned of possible short -term difficulties. The tchain-voltage weighted average price of bitcoin (VWAP) is now at the level of +3 standard deviations. This suggests that the current price is much higher than the usual range. When the asset is so much exceeding the average value, it is considered overvalued.

According to Wu, this indicates that in the near future growth may be limited. Most likely, the movement will be lateral or slow, and not a quick rally.

What is happening in the BTC market

Meanwhile, long -term investors actively accumulate bitcoins. This indicates the growing trust of the market and hints at the possible rally of bitcoin. The recent BTC market dynamics also confirms this forecast.

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