$BTC Bitcoin (BTC) recently surged past $112,000, marking a new all-time high driven by strong ETF inflows, institutional interest, and a favorable macroeconomic environment. The rally broke out of a descending channel, signaling bullish momentum, with key support around $110K and resistance near $114K. Analysts see potential upside toward $140K–$146K if momentum holds, though short-term pullbacks may occur due to profit-taking and market uncertainty.