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🚨 Bitcoin Hits $117K — Is $150K the Next Stop? Bitcoin keeps climbing! After breaking its previous all-time high and closing above $113,000, BTC has now surged to around $117,394. 📈 Key Highlights: BTC successfully broke through the crucial $113,800 resistance (neckline of an inverse head-and-shoulders pattern), unlocking new bullish momentum. If bulls maintain this momentum, the next major target is $150,000. 😈 But bears remain on watch: Key support to watch now: $113,800 and $110,530. A drop below these levels could trigger a pullback toward $107,000 or even $105,000. A break below the 50-day SMA (~$106,774) might lead to stronger selling pressure and a possible correction toward $100,000. 💡 Analyst Outlook: Some analysts still predict a 60% chance of BTC rising another 20% in the next two months. Bullish traders are already watching the $150K target zone. ⚠️ Reminder: This is not financial advice. Bitcoin remains highly volatile — always do your own research! 🔎 What’s your take — is Bitcoin on its way to $150K, or is a correction around the corner? #bitcoin #BTC $BTC
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#BTCBreaksATH 🚀 Bitcoin Sets New ATH Near $113,800 While Dominance Falls — Is Altseason Starting? 📅 July 10, 2025: Bitcoin reached a new all-time high, peaking at $113,822 after surpassing $112,000 earlier this week. However, despite this price rally, Bitcoin’s market dominance (BTC.D) dropped from 66% to around 64-65% — a signal that often precedes altcoin rotations. 📊 Altcoin market cap (TOTAL2) surged by over 10% since early July, crossing $1.2 trillion and growing faster than Bitcoin this month. 🧠 Analysts point to a key driver: Binance’s stablecoin reserves — USDT and USDC — have hit a record $31 billion, signaling huge capital waiting for altcoin opportunities. 📉 CryptoQuant’s Timo Oinonen describes this as “brewing liquidity” ready to flow into altcoins when the right conditions arise. 🧩 Analyst Master of Crypto notes that BTC doesn’t need to crash for altseason to happen. If Bitcoin trades sideways while its dominance drops, mid- and small-cap altcoins can outperform. 📉 Technical indicators show BTC.D nearing a critical resistance between 58% and 65% — historically a trigger for strong altcoin rallies. A rejection here could fuel a major rotation into altcoins. Pattern watchers are also seeing a potential cup-and-handle breakout on TOTAL2, with possible targets near $1.55 trillion in Q3–Q4 2025. 🚧 Still, many investors remain cautious after past failed altseason calls. Analysts argue that skepticism is common in bull markets and often comes before wider optimism. 🔎 Final Thoughts: Bitcoin’s fresh ATH near $113.8K is impressive, but its falling dominance and rising altcoin/stablecoin capital suggest the market could be gearing up for an altseason. What do you think—has altseason officially started?
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