#BTCBreaksATH A hashtag signals the breaking of a new historical record for Bitcoin, but also sparks intense debates. On one hand, the event attracts institutional attention, generates massive liquidation of short positions (realizing up to $600 million in liquidations) and reinforces perceptions of macroeconomic strength, with daily trading between $50 billion and $90 billion. On the other hand, analysts have warned about potential correction — formation of a double top and consolidation between $103k–$111k. Centralized governance by major players may intensify volatility and coordinated short squeezes. Furthermore, critics emphasize that forecasts based solely on charts or Fibonacci lack solid fundamentals and may induce speculative behavior. The dilemma remains: breaking ATH confirms the trend but amplifies risks in the crypto market.