$BTC 🚀 Bitcoin reaches new all-time highs

Bitcoin surpassed $118,000, marking a new record near $118,860. This rise has been driven by several factors: institutional adoption, massive capital inflows into Bitcoin ETFs, and a favorable regulatory stance. For example, ETFs saw daily inflows exceeding $1 billion.

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📈 Projections and technical analysis

Technical analyst Katie Stockton predicts an additional potential rise of 14%, which could position Bitcoin around $134,500, supported by chart patterns like the “cup-and-handle” and positive MACD signals.

According to Bitwise CIO and hedge fund manager James Lavish, BTC could even reach $200,000 before the end of the year, indicating that “ultimately no limit” to the price.