#BTCBreaksATH 🚨 $BTC Hits New ATH: $118,872 🚨
Bitcoin surges 26% YTD and 41% in 3 months, fueled by:
🔥 Key Catalysts:
• Record $1.18B/day ETF inflows ($48.95B total)
• BlackRock leads with $448M in a day
• Weakening USD + rate cut expectations
• U.S. "Crypto Week" (July 14) could bring regulatory clarity
📊 Techs & Targets:
• Bullish breakout ➝ Eyes on $120K–$135K
• RSI at 70.77 = Short-term cool-off likely
• Strong buy zone: $100K–$104K
🏦 Institutional Surge:
• MicroStrategy & ETFs like $IBIT hold huge BTC reserves
• Corporate treasuries treat BTC as a strategic asset
⚠️ Risks:
• Overheated RSI
• $650M in liquidations = rising volatility
• Political/regulatory pushback (Warren, Congress divide)
📈 Altcoin Highlights:
• $ETH nearing $3K
• $SOL boosted by new U.S.-listed staking ETF
• Crypto market cap: $3.7T
✨ Conclusion: Short-term pullback possible, but $130K remains in play if ETF demand and macro tailwinds continue.
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