Bitcoin hit fresh all-time highs today, surging past $118,000 and currently trading near $118,000–$119,000. Institutional appetite is strong: spot Bitcoin ETFs have seen back-to-back $Billion inflows, triggering sizeable short squeezes and liquidations exceeding $Billion . Technical analysts highlight bullish patterns like the cup‑and‑handle and MACD signals, forecasting potential gains to the $130K–$140K range . Corporate adoption remains robust, with public companies expanding treasuries and small‑holder accumulation surpassing mining output . Amid optimism fueled by U.S. regulatory clarity and anticipated macroeconomic support, BTC is charging ahead—but traders remain wary of volatility$BTC