🟦Bitcoin has reached a new all-time high, surpassing the $112,000 mark for the first time — reinforcing bullish sentiment across the market. According to CryptoQuant, the cryptocurrency has regained its average cost basis for short-term holders — a key indicator of the classic “buy-the-dip” phase seen in extended bull runs.
🟦Analysts now view the previous high of $109,000 as a new support zone, noting that the current price surge is backed by strong on-chain signals. Trader confidence is rising, and experts believe Bitcoin is only just entering a new phase of a large-scale rally.