Analyst: Bitcoin price will stabilize, or form a mid-term bottom in the range of $100,000 to $108,000

The cryptocurrency market is stabilizing against a backdrop of a relatively calm macro environment, improved liquidity, and a slow recovery of institutional capital inflows, with Bitcoin prices maintaining above $105,000.

Multiple analysts believe that the $100,000 level has formed a structural bottom for the recent decline. BRN Research Director Timothy Misir stated that Bitcoin could become a mid-term bottom in the $100,000 to $108,000 range, with upward momentum strengthening. However, unless capital inflows accelerate, the upside potential will remain limited to around $108,500 to $111,000.