Bitcoin (BTC) Could Reclaim Its All-Time Highs If Current Capital Inflows Persist

Prominent on-chain analyst Willy Woo has stated that Bitcoin (BTC) could reclaim its all-time highs if the current capital inflows persist.

Prominent on-chain analyst Willy Woo has stated that Bitcoin (BTC) could reclaim its all-time highs if the current capital inflows continue.

Moreover, he added that investors should view price dips as healthy corrections and buying opportunities rather than as signals of a market crash.

Taking to X, formerly Twitter, Woo shared his insights in a detailed thread. He highlighted that strong fundamentals support Bitcoin’s bullish trend. This includes a rising capital inflow into the Bitcoin network, with total and speculative capital flows recently bottoming out. The alignment of these flows creates a solid, bullish environment for the asset.

“BTC fundamentals have turned bullish, not a bad setup to break all-time highs.”

According to the analyst, this capital inflow is also critical because it supports price stability. In a bear market, capital flows tend to decrease, eventually threatening the stability of the price. However, the recent data shows that capital flows are increasing, which bodes well for Bitcoin’s price stability.

“Capital inflow is king, especially when it's sustained like this.”

Furthermore, Woo pointed out that Bitcoin’s liquidity is deepening, as evidenced by his downward-trending Risk Model. This downtrend suggests that market liquidity has returned. As a result, future price drops will likely be smaller and less severe, reducing the risk of sharp sell-offs.

“All dips are for buying under the present regime. In the very short term, there’s good chances of dips.”

The analyst explained that Bitcoin has already reclaimed medium-term price targets of $90,000 and $93,000. In addition, a new interim target at $103,000 has formed, suggesting that Bitcoin will likely reach this level before pushing toward the $108,000 all-time high.

According to Woo, these targets are supported by sustained capital inflows rather than speculative trading, which strengthens the case for a durable upward trajectory.

Despite the optimistic long-term outlook, Woo acknowledged that short-term challenges may arise. He noted that Bitcoin’s on-chain Volume Weighted Average Price (VWAP) is currently at +3 standard deviations. This implies that the coin’s current price is far above its typical range. When an asset moves this far above its average, it’s considered overextended.

“It’ll be hard to move upwards with decent momentum due to overextension.”

According to Woo, this metric indicates that upward momentum may be limited in the near term. Instead, the most likely outcomes are moving sideways or a slow, gradual increase rather than a fast rally.

As BeInCrypto previously reported, three major signals suggest that Bitcoin’s recovery is unfolding. In April, Bitcoin reestablished its inverse relationship with the falling US Dollar Index (DXY) and decoupled from the NASDAQ.

Moreover, Long-term investors are actively accumulating coins. Together, these three divergences signal growing market confidence and hint at a potential major Bitcoin rally. In fact, BTC’s recent market performance also reinforces this outlook.

BeInCrypto data showed that the coin’s value has increased by 7.7% over the past week. At the time of writing, Bitcoin is trading at $94,125, showing a minor decrease of 0.07% over the last day.