$BTC Bitcoin price reached a new all-time high and several data points show that the bulls are not finished yet

Bitcoin has once again defied expectations, reaching a new all-time high and consolidating its position as a benchmark digital asset. This surge is not just a numerical milestone; it is backed by several data points suggesting that the bullish momentum is far from over.

Among the key factors, open interest in Bitcoin futures has reached unprecedented levels, indicating a significant influx of new capital into the market and increased participation from institutional investors. This, combined with ongoing inflows into spot Bitcoin ETFs and growing corporate adoption, validates the narrative of Bitcoin as a long-term asset.

Furthermore, technical analyses show that every dip has been quickly bought, demonstrating strong underlying demand. The breakout from key resistance levels, such as $109,000, opens the door to new ambitious targets. The confluence of these indicators suggests that, despite the inherent volatility of the cryptocurrency market, the overall sentiment remains distinctly bullish, and many predict a path towards even higher valuations in the near future.