Bitcoin Breaks Record: What Catalyst Will Push the Price to $140,000?

Bitcoin has just set a new peak at $118,800, but analysts believe this is not the limit. Jeff Park (Bitwise) stated that the market is showing a “rare trifecta” that could trigger a stronger breakout.

🔑 3 key factors:

Low Open Interest: Fewer leveraged positions, meaning there is room for new money to flow in.

Low Implied Volatility: A “calm” market often signals upcoming major volatility.

Thin Liquidity: When strong buying power appears, prices will easily shock upward.

👉 According to Park, all it takes is one suitable “catalyst,” and Bitcoin could unexpectedly explode during the current “price discovery” phase.

💡 Why are investors optimistic?

Bitcoin ETFs continue to attract strong capital.

Large companies keep buying BTC.

The market expects the Fed to cut interest rates.

Regulatory clarity from Washington is paving the way.

📈 What’s the next target?

There are already nearly $900 million in contracts betting that $BTC will reach $140,000 before September — equivalent to an additional 16% increase from the current level. History shows that such jumps can occur within just a few days.

🔥 Bitcoin is entering “new territory” — the only question remains: who will spark the next surge? #anhbacong