#BTCBreaksATH Bitcoin has just set a new all-time high—touching nearly $112,000 in the previous session, slightly weakening to the range of $111,000.

The rally following this breakout has resulted in significant short position liquidations (price up ~20% YTD, triggering large liquidations across various exchanges).

Technical patterns indicate strong momentum, although Overbought (RSI ~78) suggests potential short-term correction.