#BTCBreaksATH Bitcoin's all-time high (ATH) is a moving target, and its current price has already surpassed previous records. As of July 11, 2025, Bitcoin's price is around $115,468.72, with a recent high of $116,868.00.
*Recent ATH Breakouts:*
- In February 2024, Bitcoin broke ATHs against multiple fiat currencies, including the Japanese yen, Malaysian ringgit, Indian rupee, and others, due to rising inflation and declining market values of these currencies.
- In November 2024, Bitcoin price broke another ATH above $93,800, driven by macroeconomic indices, sustained hype around the Donald Trump election victory, and major corporate buyers like MicroStrategy increasing their BTC holdings.
- More recently, analysts predict Bitcoin could break its current record within the next 7 days, driven by weakening US dollar index and historical patterns ¹ ² ³.
*Key Resistance Levels:*
- $112,000: A significant resistance level that Bitcoin has struggled to break in the past, but recent predictions suggest it could reach $115,000 or even $120,000 if it breaks through.
- $88,800: A potential target price according to analyst Daan, who believes Bitcoin is in a price discovery phase with significant upside potential ⁴ ⁵.
*Market Sentiment:*
- The current market sentiment is overwhelmingly positive, fueled by strong demand from institutional investors and continued macroeconomic support.
- Bitcoin's dominance in the crypto market has risen to 64%, indicating its strong position ⁴.