🔥 Title: Bitcoin Hits Record Numbers… Are We at the Beginning of a New Digital Explosion?
1. New All-Time High – What's the Reason?
Today, Bitcoin nearly reached a historic peak at $118,860, surpassing the $120,000 barrier in quick moves driven by institutional inflows and the "Crypto Week" scenario in the U.S. Congress. The action: a steady explosion between Wednesday and Friday where it comfortably exceeded the $118K level.
2. What’s Behind This Rise?
Record Inflows from ETFs: Bitcoin funds based on indices like BlackRock raised about $1.2 billion today alone, eliminating over a billion dollars in “short” positions.
Corporate Adoption: Companies are adding Bitcoin as part of their strategy, with corporate holdings doubling in the second quarter of 2025, totaling 847,000 BTC — led by MicroStrategy and a new wave of adopters.
Strong Legislative Support: • Legislation like the Genius Act, Clarity Act, and Anti-CBDC Act is expected to be passed during "Crypto Week", enhancing the regulatory framework and reducing administrative ambiguity in the market.
• The establishment of a U.S. "Strategic Bitcoin Reserve" by the White House further confirms Bitcoin's status as a true reserve asset.
3. Technical Indicators: A Bright Outlook
Charts reveal a strong bullish “pennant” pattern, and BTC could see an additional jump towards $134,000 according to seasoned analysis. Key support levels lie around $107–100K, contributing to price stability.