Bitcoin Roars Back: BTC Smashes $112K ATH – Here’s Where It Goes Next

Bitcoin just rewrote the record books—again. The king of crypto surged past its previous all-time high of $112,000 today, leaving traders scrambling and Wall Street 'experts' choking on their overpriced lattes.

Key levels to watch:

- $120K psychological barrier: The next big test as FOMO kicks into overdrive.

- $150K miner profit zone: Where institutional sharks start circling.

- Any price target from analysts who said BTC would never recover: Currently being deleted from PowerPoint decks worldwide.

This isn't just a rally—it's a middle finger to every banker who called crypto a 'fad.' Though let's be honest, half of them are probably secretly stacking sats between martini lunches.

Bullish forecast playing out to precision

In ourwe outlined two critical levels for bullish targets:

• $111,980 – Immediate resistance.
• $112,000 – All-time high.

After a week, the digital Gold is now back at All-Time High levels, surging to, testing the 112k previous ceiling for potential new highs. The, validating the forecasted trajectory driven by macro easing, institutional demand, and favorable technical reclaim structures.

Bitcoin’s surge: Driven by institutional inflows

Bitcoin’s rally is being powered by a perfect storm of:

• Federal Reserve’s dovish guidance continues to push capital out of USD and into decentralized stores of value.
• Public companies like MicroStrategy, GameStop, and Japan’s Metaplanet are building BTC reserves at an aggressive pace.
• U.S. Strategic Bitcoin Reserve legislation cements Bitcoin’s legitimacy as a sovereign-grade asset.
• Dormant whale wallets awaken: 80,000 BTC (~$8.6B) moved from Satoshi-era addresses has sparked renewed attention on BTC supply dynamics—but hasn’t derailed the uptrend.

Technical outlook

Bitcoin continues to reclaim the pullback leg coming from the 112k All-Time High level. Momentum is still strong but risk is still on the radar.

Bullish scenario – Continuation toward $115K-$120K

If $112K becomes support, the rally could extend toward.

• Supporting confluences:
• • Clean break of all-time high.
  • Institutions continuing accumulation.
  • No major resistance until $115K psychological round number.
  • 4-Hour Fair Value Gap($109,800-$110,800) remains intact.

• $113k - Low Hanging Fruit
• $115k - Psych Level
• $120k - Institutional Target

Bearish scenario – Rejection from all-time high

If the rally stalls at the All-Time High levels, we may see a correction to:

• Failed breakout above $112,000 with no sustained momentum.
• 4-Hour Fair Value Gap($109,800-$110,800) fails to hold.
• $108k fails to hold and Bitcoin closes below.

• $108K–$105K - Discount Levels.
• $100K - Psych Level.