Bitcoin surged over the past week, reaching a new all-time high of $111,641, as investors reacted to positive inflation data and rising DeFi activity. Despite recent losses in the previous two weeks, price action saw a brief resurgence above $113,000 before retracing, highlighting market volatility. Analysts believe the recent $19 billion liquidation event could trigger further gains, potentially propelling Bitcoin towards $200,000 by year-end. However, weak inflows from U.S. spot ETFs and continued institutional withdrawals keep prices within a tight range around the $107,000 – $108,000 support zone. See full market analysis for insights on Bitcoin’s performance and what this means for crypto’s next major breakout.