$BTC just made a new ATH today
And it’s not the top.
Let's read why 👇
ETF inflows crossed $140M again this week.
Total assets under management for Bitcoin ETFs are now over $137B, the highest ever.
That’s 6.4% of BTC’s total market cap now held by institutions.
At the same time, accumulation trend scores are high, long term holders are buying more $BTC than miners can mine.
Nearly 19% of the total supply is sitting within a ±10% range of current price, which shows how many people are still positioning right here.
So while price is breaking out, it’s actually backed by some serious demand, both retail and institutional.
If Institutional, Long term holders accumulation continues the same way, 120k is not far. 🫡