
BTC/USD: Bitcoin Makes History with New Record High โ Prices Soar Above $109,500
Itโs official โ weโve got a new record high in the building! Bitcoin blew past $109,500 to set a fresh all-time peak. How high can it go from here? ๐ Bitcoin Breaks the InternetBitcoin prices just rewrote the history of the blockchain โ what many considered impossible is now right in front of our eyes. After the orange coin set a then-record of in January, prices cratered more than 30% to gyrate as recently as early April. Now the flagship crypto not only fully recovered from the blows, but blew past its previous record, setting a new one. ๐ A Moment of AppreciationThe original crypto asset officially soared to a new all-time high on Wednesday, smashing past $109,500 and leaving all the naysayers and permabears with their mouths wide open. Itโs not just a breakout โ itโs a moon mission. Whatโs happening is decades of belief, memes, maximalism (looking at you, ), FOMO, and diamond hands coming to life on the chart. From its April lows, Bitcoin is now sitting on a turbocharged 48% rally. Whatโs fueling the fire and are there any signs of slowing? ๐คธ๐ผโโ๏ธ Breaking It DownInstitutional interest? Check. ? Still booming. Geopolitical noise? Bitcoin loves that. With the Fed holding steady, global trade thawing, and crypto bulls flat-out charging ahead, Bitcoin found the perfect cocktail of momentum. A 90-day trade truce between the US and China cooled tensions and lit a fire under risk assets โ crypto included. Trading volume is on blast, and wallet activity is surging. Bulls are buying dips, rips, and everything in between. ๐ Whatโs After the Moon? Mars?Traders are now eyeing the psychological $110K level โ but in this kind of momentum frenzy, it could be nothing more than a pit stop. Resistance? It could also be that, yes. Because crypto is notorious for being so volatile it can make your stomach churn. But right now, sentiment is boiling, social buzz is deafening, and technicals are lighting up like Times Square. So take it in โ this moment belongs to everyone who held the line and believed in Bitcoin before the world caught on.