Bitcoin has officially hit a new all-time high, surpassing $120,000 per BTC, marking a major milestone in the ongoing bull cycle 🚀

⚡ Latest Market Update

• Peak Price: Bitcoin surged above $120,000, topping out at approximately $119,944–$120,000 during Asian trading hours. This follows consecutive ATHs in the $118K–$119K range.  

• 7-Day Move: Up over 10%, led by strong institutional flows and tight supply dynamics. 

• Speculative Odds: Platforms like Polymarket price a 61% probability of BTC ending July above $120K, with potential for $150K targets. 

🚀 What’s Driving This Surge?

1. Record ETF Inflows & Institutions

Ongoing momentum from a spot Bitcoin ETFs—particularly from BlackRock, Fidelity—continues to pressure BTC price upward. ETF AUM has topped $140B, while inflows breached $1.18B in a single day. 

2. Whale Accumulation & Supply Tightening

Significant movement of BTC by known whales, with exchange balances dropping from ~3.25M to ~2.55M BTC, signaling diminished liquid supply.  

3. Regulatory Tailwinds & Macro Themes

Growing optimism from U.S. pro-crypto policy—including the Strategic Bitcoin Reserve and upcoming Crypto Week legislation—is validating long-term adoption. Traders are preparing for floor-setting impact from pending bills. 

4. Technical Momentum & Chart Structure

BTC continues a textbook 7-week breakout similar to late 2024. Indicators like golden cross setup and inverse H&S support a steep upward trajectory, with technical targets between $130K–$150K. 

📊 Snapshot Table

Metric Detail

All-Time High Range ~$119,000–$120,000

Weekly Gain ~10–11%

ETF Inflows (1-Day Peak) Over $1.18B

Supply Liquidity Exchange BTC down to ~2.55M

Technical Momentum Golden cross, inverse H&S formation

Policy Catalysts Crypto-friendly bills during U.S. “Crypto Week”

#BTC120kVs125kToday #USCryptoWeek #ETHBreaks3k #btc #CryptoMarketAlert