#BTCBreaksATH
BITCOIN BREAKOUT ALERT 🚨
💥 $BTC just blasted past $116,500 – setting a new all-time high and igniting market-wide excitement!
📈 Current Price: $116,700+
🕒 24H Change: +7.2%
💸 Market Cap: $2.3 Trillion+
🔍 Why the Surge?
📉 US CPI data hints at cooling inflation – fueling risk-on sentiment
🏦 Institutional buying ramps up – BlackRock, Fidelity, and ETFs absorbing BTC supply
🇺🇸 Weakening Dollar Index (DXY) adds fire to the rally
🔐 HODLing trend: 69.2% of BTC hasn't moved in 12+ months
📊 Technical Breakdown:
✅ Major resistance at $111K flipped to support
🧠 RSI: 73 → Bullish but nearing overbought zone
🔥 Weekly MACD shows strong continuation
🏁 Next Target Zones:
• $123,000 (Fib Extension)
• $130,000 psychological
🛠️ Trade Setup (Not Financial Advice):
Entry: $115,000–116,500 (pullbacks)
🔻TP1: $123K
TP2: $129.5K