$BTC
Trading at approximately $117,891, nearly flat today, following a fresh all-time high near $118,900 yesterday .
2025 gains have exceeded 25%, with year-to-date inflows into spot Bitcoin ETFs surpassing $50 billion .
🚀 What’s Behind the Surge
A massive short squeeze liquidated over $1 billion of positions, fueling the rally .
Supportive policy vibes—from the Trump administration’s pro-crypto stance to the Senate’s approval of the GENIUS Act—are boosting sentiment .
Institutional and corporate adoption is strong, with around 130 public companies holding ~3% of circulating Bitcoin .
⚠️ Caution Ahead
Analysts warn BTC is now in a high-volume zone, increasing the risk for new entrants commonly referred to as "chasing longs" .
Technical indicators hint at a bull-flag breakout, suggesting continued upside—potentially towards $163K in mid-term scenarios .