Analyst: Strong buying confidence, Bitcoin continues to soar

ChainCatcher news, according to Jinshi Data reports, financial website Forexlive analyst Justin Low stated that as the European trading session approaches, Bitcoin continues its upward momentum, currently reaching a historical high of $118,000. Although there are no obvious driving news, the market demand for this cryptocurrency remains strong. Since the beginning of the year, funds have continuously shifted from the US dollar, undoubtedly increasing the focus on portfolio diversification.