#BTCBreaksATH
Bitcoin has just shattered previous records, pushing past $116,000 in a spectacular rally driven by booming institutional demand, shrinking liquid supply, and a wave of portfolio flows into spot Bitcoin ETFs. In the span of just a few days, BTC vaulted from crossing the $112K mark to unleashing a massive upswing above $116K—a surge of more than 4% in 24 hours—marking fresh all-time highs. Market analysts are pointing to powerful catalysts: strong ETF inflows exceeding $50 billion in July alone, dovish signals from the Federal Reserve, weakening U.S. dollar, and renewed confidence fueled by supportive U.S. policies
Technical charts confirm the momentum—Bitcoin decisively broke through multiple resistance levels around $110K–$113K, triggering short squeezes and paving the way for further upside potential, with some analysts forecasting targets as high as $150K in the coming months . What we’re witnessing is a convergence of technical breakout, institutional accumulation, and macroeconomic tailwinds that together are rewriting Bitcoin’s price history. As attention now turns to whether BTC can sustain above these levels—or even surpass $120K—this moment may very well mark the true start of the next bullish chapter. #BTCBreaksATH