🚀 Bitcoin Inches Closer to a New All-Time High — Will This Be a Historic Week? 🟩📈

Bitcoin is back in the spotlight, and all eyes are on whether it will shatter records once again. After dipping to a daily low of $98,200 on Sunday, BTC avoided a close below the key $100,000 psychological level, sparking renewed bullish confidence.

By Wednesday, the world’s largest cryptocurrency surged past $107,000, and as of Thursday, it's holding firm around $107,400.

📊 Can BTC Break Its May Record of $111,980?

With momentum building, Bitcoin is setting its sights on the previous all-time high (ATH) of $111,980, recorded on May 22. A confirmed close above this level could trigger another wave of aggressive buying, potentially pushing BTC toward a new ATH of $120,000.

🔍 Technical Indicators Favor the Bulls

RSI (Relative Strength Index):

Currently at 56, above the neutral 50 level — a sign of bullish strength.

MACD (Moving Average Convergence Divergence):

A bullish crossover is forming, and a daily confirmation would signal a strong buy opportunity.

Together, these signals point to a market that’s gearing up for a breakout — not a breakdown.

🛡️ Key Support to Watch: $103,543

If BTC experiences a short-term correction, traders are watching the 50-day Exponential Moving Average (EMA) around $103,543 as the primary support level. A bounce here would likely reinforce confidence and renew upward momentum.

📅 The Days Ahead: History in the Making?

As volume grows and traders eye resistance zones, the market is preparing for a potential breakout above $112K — a move that could rewrite Bitcoin’s record books.

Will BTC explode past its ATH this week? Or will $120K remain just out of reach… for now?

Stay tuned. The next few sessions could be legendary.

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