#BTCBreaksATH Bitcoin has smashed its all-time high, soaring past $112,000 on July 9, 2025, driven by strong institutional demand and favorable market sentiment. The breakout followed a consolidation phase between $105,000 and $110,000, with a decisive surge fueled by $215 million in ETF inflows and $226 million in short liquidations. Geopolitical tensions and a tech stock rally, led by Nvidia, further boosted momentum. Technical indicators like the Ichimoku Cloud and bullish MACD crossover signal sustained upward pressure. Analysts predict Bitcoin could target $146,000 if support holds above $109,000. However, overbought RSI warns of potential consolidation. With regulatory clarity and institutional adoption growing, Bitcoin’s bull run appears poised for further gains.