BRN Analyst: Bitcoin is undervalued, new demand and positive market momentum may push BTC to new highs
ChainCatcher news, BRN analyst Valentin Fournier stated: "After experiencing a significant outflow of funds for two weeks, Bitcoin ETFs recorded an inflow of $94 million last Friday. This shift indicates that even before Trump's announcement of the crypto strategic reserve, investors believed Bitcoin was undervalued and began to re-enter the market. The combination of new demand and positive momentum is expected to drive Bitcoin to new highs, especially as the presidential task force takes concrete steps to implement the crypto reserve plan."
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