<ul data-eligibleForWebStory="false"><li>Bitcoin price has been unable to break above the $112,000 all-time high despite reaching $110,000, signaling limited upside potential.</li><li>Low spot buying demand and overbought RSI levels indicate a possible BTC price correction in the near term.</li><li>BTC has seen lower highs and lower lows since hitting $110,300, with spot volume delta metrics showing a lack of momentum in the market.</li><li>Seasonal patterns and quieter spot volumes in July could impede Bitcoin's push for new record highs, possibly leading to a market consolidation.</li></ul>

Why can’t Bitcoin price break $112K all-time highs? BTC analysts explain

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