$BTC **Bitcoin Breaks All-Time High (ATH) at $112,000**

Bitcoin (BTC) surged past $112,000 on July 9, 2025, setting a new all-time high (ATH) amid strong institutional demand and macroeconomic tailwinds . This milestone followed a breakout above the key resistance level of $110,500, fueled by spot Bitcoin ETF inflows exceeding $1.2 billion in July and corporate accumulation, such as Metaplanet’s $238.7 million BTC purchase . Analysts attribute the rally to post-halving supply dynamics, with the April 2024 event historically triggering bullish cycles within 12–18 months . While some profit-taking may test support at $109,500, targets now extend to $115,000–$120,000 if momentum holds . However, risks like macroeconomic shocks or regulatory shifts could temper gains .