đ Bitcoin Smashes $117K ATH: $121K Target in Bullsâ Crosshairs
Bitcoin just rewrote the record booksâagain. The king of crypto punched through $117,000 like it was tissue paper, leaving traders scrambling to reposition for the next leg up.
Why this isn't just another pump:
Institutional FOMO meets algorithmic buying pressure. Whale wallets are loading up while retail investors finally wake up to the fact that fiat is melting faster than an ice sculpture at a Miami pool party.
The technical playbook:
Liquidity pools above $120K are looking juicy. If BTC holds above $115K through the weekly close, derivatives traders will turn this rally into a full-blown gamma squeeze. Shorts? Obliterated.
The cynical footnote:
Meanwhile, Wall Street banks are still 'evaluating blockchain potential'âtranslation: desperately trying to backdoor custody solutions before their clients realize they've been charging 2% fees for glorified Excel sheets.