#BTCBreaksATH Bitcoin at a new high: $BTC breaks through $111K
Bitcoin is back in the spotlight, breaking through the $111,000 mark amid increased activity from institutional investors. ETF products continue to attract billions, and large players (the so-called "whales") are actively increasing their positions. More than 25,000 BTC have been accumulated in recent days - this indicates expectations for further growth.
At the same time, the number of BTC on exchanges is decreasing, which limits the supply and puts upward pressure on the price. Technical indicators remain positive: BTC is confidently holding above the 200-day moving average.
🔍 Current support zone — $108,000.
🎯 Nearest resistance — $113,000.
Next target? Brand new highs.