#BTCBreaksATH There's much euphoria around as people watched #BTC at its all time high having closed yesterday's figures at $116,868.00.

I bet many traders have been waiting for this precious moment for some time now, ever since it touched the previous ATH of $111,890.00 on May 22, 2025.

It is my guess that many would be booking profits and that's not a bad thing because they've been waiting for that. You will see the profit booking by the slight correction in today's opening price.

For the traders who are holding on, the question we need to ask ourselves is whether we are going to see another high or will there be a slump.

Well, the inflow of cash is high as you can see in the details of the Pye-Chart. The possibility of an upward trend after the initial euphoria has depleted remains quite high.