{"content":"BTC Hits the Stratosphere: Record Price Sparks Rally Above $110,500, bitcoin price rose again. BTC has made a new high and gained over $116,800, up over 5%. Bitcoin rose again over $112,500. The price is over $113,500 and the 100-hour SMA. BTC/USD broke above a negative trend line with resistance around $111,000 on the hourly chart. The pair may increase if it breaks $116,800 resistance. Bitcoin Price Hits ATH Bitcoin price extended its rise after breaking $110,500 barrier. BTC accelerated beyond $112,000 and $113,500 barrier. BTC/USD broke above a negative trend line with resistance around $111,000 on the hourly chart. Bulls pushed the pair past $115,000 resistance. Price has reached a new all-time high at $116,800 and is consolidating gains above the 23.6% Fib retracement line of the upward run from $110,600 swing low to $116,800 high. Bitcoin is over $113,500 and the 100-hour SMA. Close to $116,000 is immediate upward barrier. First major resistance is at $116,200. The next hurdle may be $116,800. A closing above $116,800 barrier might boost prices. The price may increase to $118,000 resistance. More advances might push the price beyond $118,800. The goal may be $120,000. BTC Downside Correction? Bitcoin may fall below $116,800 if it fails to increase. Near $115,300 is immediate support. The first key support is at $113,700, the 50% Fib retracement level of the upward run from $110,600 swing low to $116,800 high. Around $113,200 is the next support. More losses might push the price toward $112,500. BTC may go below $110,500, the primary support. The technical indications The MACD is rising in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $115,300, $113,700. Major Resistance Levels: $116,800, $118,000. #BTCBreaksATH #TrumpTariffs #MuskAmericaParty $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/11/b050eee13aca8889994a643e0aff67c2.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}