Bitcoin Just Broke Its May All-Time High — What Now?
Bitcoin surged past $112,000 for the first time since May, powered by institutional inflows, corporate adoption, and pro-crypto legislation momentum. 💥 Technicals show a breakout from a descending channel, with RSI still below overbought levels — signaling room for an extended rally toward a projected $146,400, about 32% higher.Meanwhile, lower trading volume on exchanges suggests accumulation is happening via spot ETFs
Investopedia.But recent resistance at ~$112K and macro risks could trigger pullbacks toward $107K-110K . Is this breakout sustainable, or are we due for a retrace first?
