#BTCBreaksATH
Bitcoin has just recorded 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 large short position liquidations (price up ~20% YTD, triggering significant liquidations across various exchanges).
Technical patterns indicate strong momentum, although Overbought (RSI ~78) suggests potential short-term correction.