The crypto market is buzzing with speculation as Bitcoin continues its strong momentum. After breaking multiple resistance levels in the past weeks, many investors are now eyeing a bold question: Is BTC about to hit $110,000 soon?
Experts and traders are divided but optimistic.
“Market psychology is shifting. With institutional adoption increasing and halving behind us, a push to $110K is no longer a wild dream it’s a possible scenario,” said Leo Tran, a crypto analyst from Singapore.
A surge in demand, coupled with tightening supply, is fueling the bullish sentiment. Several indicators such as RSI levels and volume spikes are suggesting continued upside, although some warn about potential corrections along the way.
Meanwhile, on-chain data points to strong accumulation from both whales and retail investors. This behavior often precedes major upward moves, as seen in previous bull runs.
“The structure looks eerily similar to late 2020. If history rhymes, we might just witness BTC breaking into six figures faster than expected,” tweeted @CryptoSavvy.
Still, caution is key. With macroeconomic uncertainties and regulatory watch, nothing is ever guaranteed in crypto. But one thing’s clear: the community is hopeful, and all eyes are on the charts.