🚀 $BTC reaches new heights: $118K and rising!

📌 On July 11, 2025, Bitcoin hit a historic record between $118,000 and $118,856, driven by:

• $1.18B in inflows in spot ETFs just last Thursday, accumulating over $51B so far this year.

• A wave of short squeezes that liquidated a billion in short positions.

• A weakened dollar and a favorable regulatory environment: "Crypto Week" in Washington and anticipation for laws like the CLARITY Act and GENIUS Act.

🧠 What does this mean?

• Massive institutionalization: companies like MicroStrategy and ETFs from BlackRock/Fidelity are buying heavily.

• Technical momentum: analysts see possible increases up to $134K if it breaks $118K–$120K.

• Upward volatility: with so much capital entering, every support/resistance break generates extreme movements.