#BTCBreaksATH Bitcoin has just reached a new all-time high—touching nearly $112,000 in the previous session, slightly weakening to around $111,000.

The rally from this breakout has resulted in significant short position liquidations (price up ~20% YTD, triggering large liquidations across various exchanges).

The technical pattern indicates strong momentum, although Overbought (RSI ~78) suggests potential short-term correction.