#BTCBreaksATH
Bitcoin has indeed broken its all-time high (ATH), with the current price surpassing previous records. As of today, the price of Bitcoin is around $111,478.22, with a recent high of $111,999.79. This surge is part of a larger trend, with Bitcoin having broken its ATH multiple times in recent months, including above $93,800 in November 2024 and $103,900.47 earlier this year.
*Key Price Points:*
- *Current Price*: $111,478.22
- *Recent High*: $111,999.79
- *Previous ATH*: $111,970
*Market Analysis:*
The current market sentiment is leaning towards euphoria, with significant capital inflows and a transfer of wealth from long-term holders to new investors and speculators. Analysts expect Bitcoin's price to continue rising, with some predicting targets of $115,000 to $120,000 or even $128,000 by the end of the year.