#BTCBreaksATH — What’s Next? 🚀

📈 Fresh ATH & Surging Momentum

Bitcoin just smashed through its previous record, fueled by relentless institutional demand and a massive short squeeze that liquidated over $1 billion in bearish bets as it reached ~$118K.

🔍 Technical Views & Targets

Technicals show Fibonacci extensions pointing to resistance zones around $120K, then $135K–$140K.

Analysts highlight that ETF inflows and regulatory optimism are accelerating the rally.

⚖️ Caution Ahead

While bulls are strong, lighter trading volumes at current levels mean a minor pullback to $115K–$116K is possible before another attempt at higher highs.

Upcoming macro events—like the July 15 CPI report—could trigger volatility.

🔭 What to Watch

Scenario Key Level Implication

Bullish Continuation Break > $120K Opens path to $135K–$140K zone

Pullback Risk Dip to $115K–$116K Healthy consolidation/entry opportunity

Macro Catalyst Mid-July Reports Could prompt a sudden move in either direction

💡 Bottom line:

Bitcoin entering price discovery is bullish—but keep chart levels and macro triggers in your radar. A clean break above $120K could signal the next leg; a pullback to $115K offers a strategic buy zone.