#BTCBreaksATH BITCOIN BREAKOUT ALERT 🚨
💥 $BTC just blasted past $116,500 – setting a new all-time high and igniting market-wide excitement!
📈 Current Price: $116,700+
🕒 24H Change: +7.2%
💸 Market Cap: $2.3 Trillion+
🔍 Why the Surge?
📉 US CPI data hints at cooling inflation – fueling risk-on sentiment
🏦 Institutional buying ramps up – BlackRock, Fidelity, and ETFs absorbing BTC supply
🇺🇸 Weakening Dollar Index (DXY) adds fire to the rally
🔐 HODLing trend: 69.2% of BTC hasn't moved in 12+ months
📊 Technical Breakdown:
✅ Major resistance at $111K flipped to support
🧠 RSI: 73 → Bullish but nearing overbought zone
🔥 Weekly MACD shows strong continuation
🏁 Next Target Zones:
• $123,000 (Fib Extension)
• $130,000 psychological
🛠️ Trade Setup (Not Financial Advice):
Entry: $115,000–116,500 (pullbacks)
🔻TP1: $123K
TP2: $129.5K
🔻SL: Below $111K
🧠 Smart Money knows: This isn't just a rally—it's a liquidity squeeze + supply crisis brewing.
📉 Corrections expected—but every dip might be a gift in this cycle.
🚀 Could we see $150K by year-end? If momentum holds, absolutely possible