Bitcoin Just Hit a New High – And It's Not Slowing Down!

Wow, Bitcoin is really on a roll! It just smashed its old record, hitting an incredible $123,218. It's been holding strong above $121,000, which is pretty amazing, especially after gaining 13% in just the last month. It seems like everyone wants a piece of the action right now!

A big reason for this huge jump is that a lot of big companies and institutions are buying it up. We saw $1.18 BILLION flow into Bitcoin ETFs in just one day, and institutions are buying way more Bitcoin daily than is being created. It's like a huge shopping spree!

Plus, there's some good news on the legal front with new laws like the GENIUS Act and a report coming out that could make digital assets even more mainstream. All the technical charts are also flashing "buy," suggesting Bitcoin is definitely headed higher, with $125,000 being the next big target.

So, while we might see a little wobble as it tries to break past $125,000, everyone is super positive about where Bitcoin is headed. With so many big players getting involved, it looks like Bitcoin's strong run is set to continue!