$BTC just hit an all-time high of $112,000, sending shockwaves across global markets.
This historic rally is being driven by two massive catalysts: institutional capital flowing heavily into Spot Bitcoin ETFs and the global shift toward crypto-friendly regulations following the implementation of key US federal reserve policy adjustments.
Looking at the 4-hour chart, BTC is breaking out of a classic ascending triangle pattern. The Relative Strength Index (RSI) sits near 68, indicating strong bullish momentum without being overextended into dangerous territory. Immediate support has established at $108,000, with no immediate overhead resistance in sight.
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