Bitcoin has just printed a new all-time high, breaking decisively above its previous record and entering price discovery. After months of consolidation below resistance, the breakout above ~$118K confirms a major shift in market structure — from sideways to breakout phase.
This level isn’t just a number — it’s a psychological turning point. ATH breakouts often fuel aggressive momentum, FOMO, and trend acceleration, especially with no historical resistance above. All eyes now shift to round levels like $125K and $135K.
📈 New ATH: $118,923
📊 Previous Resistance: $109K → Now Support
🧠 This is what breakout structure looks like on a macro scale.
#BTC #BitcoinATH #AllTimeHigh #PriceDiscovery #CryptoMomentum #BTCUSD #TradingView
This level isn’t just a number — it’s a psychological turning point. ATH breakouts often fuel aggressive momentum, FOMO, and trend acceleration, especially with no historical resistance above. All eyes now shift to round levels like $125K and $135K.
📈 New ATH: $118,923
📊 Previous Resistance: $109K → Now Support
🧠 This is what breakout structure looks like on a macro scale.
#BTC #BitcoinATH #AllTimeHigh #PriceDiscovery #CryptoMomentum #BTCUSD #TradingView
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Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.