#BTCBreaksATH
New All time High
Price: ~$112,600 — touching fresh all-time highs, up ~19% year‑to‑date .
ETF Inflows: ~$217M net on July 9; cumulative USD spot ETF inflows have surpassed $50B .
Supply: 6.2% of total BTC is now locked in ETFs; long-term holder stash has grown to ~74% of supply .
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🔥 Key Market Drivers
Institutional Demand: Fidelity, BlackRock, Grayscale, et al. continue strong accumulation via ETFs .
Macro Tailwinds: Pro‑crypto U.S. legislation, liquidity measures, and institutions shifting balance sheets have reinforced investor confidence .
Technical Outlook: Breaking out of a descending channel; RSI weakly overbought (~70), MACD remains bullish. Successful resistance break could see BTC rise to $130K–146K .
Sentiment: Veteran advisors now argue not owning crypto feels riskier than owning it; some foresee potential for BTC to reach $500K by 2030 .
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📈 Trade Plan
Action Price Range
Buy the Dip $107,000 – $109,000
Breakout Zone $112,800 – $113,000
Short‑Term Target $130,000 – $146,000
Mid‑Term Bull Case $160,000 – $200,000+
Stop‑Loss Below $105,000 if range breaks
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🧭 TL;DR
BTC is charging, hitting ~$112K on a wave of ETF inflows and policy-driven sentiment.
Institutional demand is building structural support as retail volume moderates.
A confirmed breakout past $112K could unlock next leg toward $130K+.
Watch $107K for dips, breakout triggers, and ETF daily flows.
