#BTCBreaksATH On Wednesday afternoon, Bitcoin (BTC) reached a remarkable all-time high (ATH) of $ 112.022, breaking free from its previous consolidation phase and lower resistance levels.

Bitcoin's rally faces a critical test

John Glover, investment director of the cryptocurrency lending platform Ledn and former managing director of Barclays Investment Bank, noted that the recent rally appears to be a new test of the previous all-time high set on May 22, which faced selling pressure.