#Btchitsnewhigh
Bitcoin is making history again.
BTC, reaching a new peak at the level of $122,400, is in a strong upward trend in terms of both ETF inflows and on-chain data.
🔹 What Happened?
• A total net inflow of $2.3 billion was recorded in Spot ETFs over the last 7 days.
• Especially institutional purchases have created a "new floor" in the 120K region.
• The BTC supply on exchanges has fallen to its lowest level in the last 3 years.
🔹 Technical Outlook
• Main support: 120,000 $ – 121,200 $
• Short-term resistance: 124,800 $ – 125,500 $
• Although RSI approaches the overbought zo
Bitcoin is making history again.
BTC, reaching a new peak at the level of $122,400, is in a strong upward trend in terms of both ETF inflows and on-chain data.
🔹 What Happened?
• A total net inflow of $2.3 billion was recorded in Spot ETFs over the last 7 days.
• Especially institutional purchases have created a "new floor" in the 120K region.
• The BTC supply on exchanges has fallen to its lowest level in the last 3 years.
🔹 Technical Outlook
• Main support: 120,000 $ – 121,200 $
• Short-term resistance: 124,800 $ – 125,500 $
• Although RSI approaches the overbought zo
BTC-2.03%