#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.