#BTCBreaksATH 🚀 #BTCBreaksATH Alert
Bitcoin has surged past its prior record to reach $118K+, smashing through key resistance levels and triggering a historic $1.25 billion+ short squeeze . Institutional inflows and ETF momentum continue to validate this breakout, with support now building around the $108–$110K zone .
🐋 Binance Insights
Whale movements on Binance are fueling the rally—not a retail frenzy, suggesting structural strength . Meanwhile, liquidity remains thin per Glassnode, meaning the next leg could be sharp .
📈 Technical Snapshot (Next 24h)
• Support: $109K–$110K. A dip and bounce here would confirm bullish structure.
• Resistance/Target: $120K near-term, then potential push to $130–135K, per cup‑and‑handle formation & MACD momentum .
• Watch for profit-taking or pullbacks below $109K, which would open door for deeper correction.
💡 Next 24h Strategy
• Longs: Ideal re-entry on dips to $109–110K with tight stop-loss below $108K.
• Shorts: Risky—better to wait for confirmed breakdown below $109K before layering in.
• Monitor: Volume spikes, derivatives open interest (> $78B), ETF flows, and macro sentiment.
🚀 #BTCBreaksATH—Bitcoin hits record highs at $118K+ as whaleflow and ETF inflows dominate. Next test: hold $109–110K. A breakout could drive BTC to $130K+; a dip below $109K shifts outlook.
Long tip: Buy rebounds near $109K, tight stop below $108K.
Watch: Binan ce primed—liquidity tight, volatility ahead. #crypto #BitcoinAnalysis
Summary:
Bitcoin’s breakout over $118K is robust—institutions leading, on-chain signals strong, retail crowd yet to flood in. A healthy pullback to $109–110K would be bullish; staying above puts $120K and beyond in sight. Hold tight, stay strategic—next hours could define momentum.#BTCBreaksATH $BTC