#BinanceTurns8 Bitcoin could reach a new all-time high in the coming days, according to experts.
The institutional appeal favors BTC's resilience against Trump's trade war and encourages experts.
Trading around 108,400 dollars (+0.2%) at the beginning of the afternoon this Tuesday (8), Bitcoin
BTC 92,827 € was struggling to regain support at 109,000 dollars. On the other hand, the benchmark showed a sign of resilience in relation to another chapter of the trade war of the President of the United States, Donald Trump, and encouraged experts for a new all-time high.
I feel in my intuition that we will see BTC bullish this week. The market, especially ETH and BTC, has had many favorable winds so far (except for something unexpected). If we succeed, I believe we will see 118,000 dollars to 120,000 dollars quite quickly, said the pseudonym Pentoshi in a post on X.
Another optimist is Michael van de Poppe, who pointed out on X a period of consolidation at the current level, before a new jump for BTC.
A steady upward movement for the entire cryptocurrency market capitalization. It's just a matter of time until we reach a new all-time high, he wrote.
In the role of potential bullish catalysts for Bitcoin are the exchange-traded funds (ETFs) of BTC, according to what Santiment observed on X.
Bitcoin ETFs continue to register a significant flow of money entering them. Since June 6, there has only been one day with more outflows than inflows. That said, the continued inflow of ETF funds is a good omen for the future of BTC and cryptocurrencies, wrote the analysis platform.
