#Market Snapshot

• BTC reaches $122,057.92 (August 11, 2025), up 3.72% in 24 hours

• Trading near February's ATH of $123,091.61

• Institutions have activated $24.7B in Bitcoin with futures open interest at $120B

• Harvard University makes significant Bitcoin ETF investment

Key Drivers

• El Salvador's Investment Banking Law allows licensed institutions to hold Bitcoin

• US regulatory progress: SEC's "Project Crypto," CFTC's "Crypto Sprint," and supportive White House report

• Bitcoin Hyper Layer 2 solution enhances transaction speed and smart contract capabilities

• Robust ETF inflows strengthening institutional presence

#BTCReclaims120K Market Outlook

• Technical support at $115,000 with resistance near previous ATH

• Short-term projection shows potential -0.53% dip on August 12 (buying opportunity)

• Medium-term pullback expected before continued uptrend

• Long-term forecast: $150,000-$250,000 by 2026

• #BTCReclaims120K Community sentiment overwhelmingly #bullish at 88.90% with significant whale accumulation