#BTCBreaksATH110K
Bitcoin (BTC) recorded a historic peak of 111,000$ amid strong institutional buying and encouraging U.S. regulations. Technical analysis indicates a strong bullish trend with support at 100,000$ and nearby resistance at $115,000.
Positive indicators:
Massive inflows into ETF funds
Increased global adoption
Government policies supportive of digital currencies
Forecast: If the momentum continues, we may see a breakout above the 115K level soon. The long-term outlook suggests a possibility of reaching 160K – 200K before the end of 2025.