BRN Analyst: Bitcoin is undervalued, new demand and positive market momentum may push BTC to new highs
Odaily Planet Daily reports that BRN analyst Valentin Fournier stated: "After experiencing a large outflow of funds for two weeks, the Bitcoin ETF recorded an inflow of 94 million US dollars last Friday. This shift indicates that even before Trump announced the crypto strategic reserve, investors believed that Bitcoin was undervalued and began to re-enter the market. The combination of new demand and positive momentum is expected to push Bitcoin to new highs, especially when the presidential working group takes specific measures to implement the crypto reserve plan."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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