#ArbitrageTradingStrategy

Bitcoin (BTC) has indeed surged to a new all-time high (ATH) of $112,022, breaking its previous record and signaling a bullish phase in the crypto market. Here’s a detailed breakdown of the key developments and expert insights:

Key Highlights of Bitcoin’s New ATH

Price Surge:

BTC reached $112,022, surpassing its May 2025 ATH of ~$111,814 12.

The rally was driven by institutional demand, ETF inflows, and macroeconomic optimism 69.

Institutional Adoption:

BlackRock’s Bitcoin ETF (IBIT) hit an ATH of $63.58, holding 700,000 BTC (3.33% of supply) 6.

Public companies like Trump Media & Technology Group and GameStop announced BTC treasury purchases 16.

Market Impact:

Altcoin Rally: Ethereum (ETH), Solana (SOL), and memecoins surged alongside BTC, with $496M in shorts liquidated 25.

Bitcoin Dominance (BTC.D) dipped to 64.5%, hinting at a potential altcoin season 5.

Expert Predictions:

Doctor Profit: Targets $120K–$130K this cycle, with $113K–$114K as a critical resistance zone 1.

Standard Chartered: Forecasts $135K by September 2025 and $200K by year-end 39.

Macro Drivers:

Fed Rate Cuts: Potential easing could further boost BTC 19.