has officially broken its previous all-time high, sending shockwaves through the crypto market. This historic breakout has sparked a fresh wave of optimism and FOMO (Fear of Missing Out) among retail and institutional investors alike.
Over the past 24 hours, Bitcoin surged past
Scenarios:
ts resistance zone, setting a new record high and igniting bullish momentum across altcoins. Traders are now debating whether this move marks the beginning of a new bull cycle or a potential bull trap designed to liquidate over-leveraged long positions.
🔍 Key Highlights:
📈 New ATH (All-Time High): Bitcoin has crossed its previous record price, fueling market excitement.
📊 Volume Spike: Trading volume on major exchanges like Binance has increased significantly.
💬 Mixed Reactions: While some analysts predict $BTC could push to $120K, others caution a possible retracement.
🧠 Sentiment Shift: Fear & Greed Index has entered “Extreme Greed,” indicating heightened emotions in the market.
📣 Community Buzz:
"History is being made!" — one Binance Square user posted.
"Don't chase green candles!", warned a veteran trader.
💡 Final Thoughts:
Whether this rally sustains or pulls back, one thing is clear — Bitcoin is once again the center of the financial world's attention. Traders should watch key support zones and manage risk accordingly.
BTC 30-Min Chart Summary
Trend: BTC is still in a downtrend, rejecting from the trendline.
Key Zones:
Minor ChoCH: Small bullish attempt failed.
Central Reversal Zone (115,500–116,000): Strong support zone; bounce possible from here.
Current Price: $116,270
Scenarios:
Bullish: If price breaks above the trendline, targets are 118K–121K.$BTC
Bearish: If support breakd
may fall to 114.5K or 112K.
