#BTCBreaksATH

Yes — Bitcoin has just surpassed its previous all-time high. On July 9–10, 2025, BTC briefly climbed above $112,000, setting a new record high before stabilizing around $111K–$112K .

📈 Key Highlights:

New peak: BTC touched $112,022–$112,052 before retracing slightly .

Catalysts: Strong institutional demand, risk-on sentiment, entry of technology stocks rallying, and significant short liquidations (~$200–340 M) .

Macro backdrop: A softer U.S. dollar, favorable Fed minutes suggesting rate cuts, and corporate treasury flows boosting Bitcoin sentiment .

What this means:

BTC has officially broken its previous ATH (~$111,970 on May 22, 2025) and achieved a fresh high.

The move triggered mass short squeezes, pointing to liquidations of bearish bets .

Next targets: Technical resistance lies now around the $112K level; further upside may push toward $120K if macro support remains intact .

Risks: Profit-taking, changing trade policies, or less dovish Fed messaging could stall momentum .

Bottom line: Bitcoin has broken through its May ATH and hit a fresh high above $112K. Momentum is strong, backed by macro tailwinds, though volatility and profit-taking risks linger. Let me know if you'd like a deeper technical breakdown or outlook!