#BTCBreaksATH $BTC #TradingStrategyMistakes Latest ATH: According to Coinbase data, Bitcoin hit a new all-time high of $118,309.83 on July 11, 2025 .
Previous peaks in early July included price milestones of ~$113,800 on July 10 and ~$116,893 on July 11 .
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Why the Spike?
The record-breaking rally this July is fueled by:
1. Institutional demand: Major firms and corporate treasuries are increasing their BTC holdings .
2. Pro-crypto policies: The U.S. government’s support—especially President Trump’s executive order for a strategic Bitcoin reserve and crypto-friendly regulatory moves—has bolstered market confidence .
3. Spot BTC ETFs: The inflows into ETFs from giants like BlackRock and Fidelity (nearly $148 billion) continue to underpin demand .
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🧭 Outlook & Takeaway
After topping $118k, analysts are watching potential support zones between $107k–$112k, with upside projections reaching $146k based on technical chart analysis .
Bitcoin’s strong correlation with equities (e.g., tech stocks) and its increasing integration into broader markets make it both a powerful and volatile asset .
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TL;DR
New ATH: $118,309.83 on July 11, 2025.
Current price: ~$118,489.
Drivers: Institutional inflows, favorable U.S. policies, and growing ETF adoption.
Let me know if you'd like a breakdown of historical ATHs (2017, 2021, etc.), technical analysis, or price forecasts!
