#BTCBreaksATH

Bitcoin (BTC) has recently surged to new all-time highs (ATH), sparking discussions about its future trajectory, market dynamics, and potential impacts on the broader cryptocurrency ecosystem. Below is a detailed analysis based on the latest data and expert insights:

### **1. Bitcoin Hits ATH of $112,000–$113,000**

- On **July 9, 2025**, Bitcoin broke its previous ATH of **$111,970** (set on May 22, 2025), reaching **$112,022–$113,555** across major exchanges .

- The rally was driven by:

- **Institutional demand** (spot Bitcoin ETFs saw **$14.4B in net inflows** in 2025, led by BlackRock and Fidelity) .

- **Macroeconomic tailwinds**, including Fed rate cut signals and a weakening U.S. dollar (DXY below its 365-day moving average) .

- **Corporate accumulation**, with firms like Trump Media & Technology Group and GameStop announcing BTC treasury purchases .

### **2. Expert Predictions: Is the Rally Just Starting?**

- **Bullish Outlook**:

- **Doctor Profit** predicts a breakout toward **$120,000–$130,000**, citing liquidity pools and CME gaps as key levels .

- **Dan Morehead** (Pantera Capital) forecasts **$117,000 by August 2025**, aligning with historical post-halving cycles .

- **Standard Chartered** and **SkyBridge Capital** project **$140,000–$200,000 by year-end** .

- **Cautionary Notes**:

- **Willy Woo** warns that Bitcoin is in the "final phase" of its bull cycle, though new ATHs are still possible before a correction .

- Risks include **macro shocks, regulatory uncertainty, and volatility** (BTC previously dipped to **$98,000** in June after its May ATH) . #BTCBreaksATH