Bitcoin’s True Value Is Higher Than $110,000, Expert Warns

Bitcoin has reached a new high of $110,150, sparking bullish calls and debate on social media about whether it's undervalued or due for a correction. Altcoin Daily claims that Bitcoin at $110,000 is undervalued and has room to run, with some even predicting a price of $1 million. However, others argue that the cryptocurrency needs to clear resistance at $110,500 to confirm a breakout. Global liquidity is on the rise, which could fuel further price increases. Market observers are also watching futures funding rates and miner sell-pressure for signs of a potential pullback. Some investors believe that inflation and new tariffs could dampen Bitcoin's rally, while others think central banks' delay in raising interest rates could give crypto a boost. Matt Hougan, Chief Investment Officer at Bitwise, suggests that now is a good time to buy Bitcoin as a hedge against future money-printing risks. Investors will be watching price action and big-picture events, including inflation and tariffs, to determine Bitcoin's next move. A break above $110,500 could attract more buyers, but a surprise in inflation or tariffs could shift the odds quickly.