#BTCBreaksATH Bitcoin reached a new all-time high of around $112,000 (high of $111,989 - $112,022), showing a growth of approximately 18-19% since the beginning of the year. This dynamic is explained by massive institutional flows through exchange-traded funds (ETFs) and a favorable regulatory environment.

Technical analysis shows a breakout upwards from a descending channel with a potential target of $146,400, while the key support level is at $107,000 (50-day moving average).

At the same time, analysts warn about the possible profit-taking near the peak and the influence of macroeconomic factors.