<ul data-eligibleForWebStory="false"><li>Bitcoin (BTC) set a new all-time high at $112k, following an increase in daily trading volume and holding above the $108k support level.</li><li>The surge was triggered by the release of Federal Reserve's FOMC minutes indicating a possible rate cut and improved liquidity conditions.</li><li>On-chain data shows a decline in Bitcoin reserves on exchanges to a multi-year low, indicating potential bullish expansion as demand exceeds supply.</li><li>Analysts have varying predictions for Bitcoin's future price, with targets ranging from $140k to $1 million by the end of different cycles and years.</li></ul>

Bitcoin Hits $112K All-Time High Before Pullback—What’s Next for BTC?

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