$BTC Just Cleared $118K — Bull Run or Blow-off Top? 🚨
Bitcoin has surged past a new all-time high, currently trading around $118,000 — up ~6% in the last 24 hours. Analysts are calling this the first record high since May, pushed forward by massive spot ETF inflows, regulatory tailwinds, and bets on a Fed rate cut this fall
📈 Intraday high reached $118,740, low sat near $113,400
💵 Over $1 billion moved into spot Bitcoin ETFs yesterday
🏛️ USD Congress begins "Crypto Week" with GENIUS Act, CLARITY Act, and more next week — huge regulatory catalysts
My take: We’re in a breakout phase. A push above $120K, possibly before month‑end—where I think we’re headed. But if a quick reversal happens, watch for support around $114K to hold this rally 🎢
What do YOU think?
👉 Will BTC break $120K, or is a dip back to $114K–$115K coming?
💬 Drop your thoughts below ⬇️
