Bitcoin Breaks Record Highs, Approaching $133K as Bullish Momentum Builds

Bitcoin has surged past a new all-time high of $111,700, shattering the previous record set on May 21. This surge comes amid increased trading volume exceeding $44.5 billion and dwindling exchange BTC supply, signaling strong demand for the cryptocurrency. Seven consecutive green weekly candles further confirm this bullish trend. Analysts predict a breakout past the $133,000 target, with traders expecting short-term consolidation before the next leg higher.