Bitcoin hit a new all-time high of $112,152, signaling bullish confirmation across key indicators.
Retail exit and negative sentiment helped fuel the smart money-led rally, with indicators pointing to potential further gains towards the $115K–$118K zone.
Technical indicators, including moving averages and MACD, support the current uptrend, with the RSI indicating room for more upside before potential consolidation.
Bitcoin's immediate target after the confirmed breakout is set at $115,000 to $118,000, with support levels identified at $108,000 to $110,000 and the 20-day EMA at $107,738.