Bitcoin has achieved a historic milestone by breaking through a long-standing resistance level that had held for years. This breakthrough could indicate the beginning of a new phase in price discovery, supported by growing market activity and increasing institutional interest. Analysts point to the recent shift from resistance to support as a key indicator, as historical data shows that each breakout from this level has led to new all-time highs. This momentum is further fueled by robust investor activity and notable investments from major firms like BlackRock and Ark Invest. The current price action, with Bitcoin trading above $114,000, shows strong momentum. Bitcoin’s Short-Term Holder cost basis has also reclaimed the $114,000 mark, a positive signal after recent market fluctuations. This rebound may contribute to increased stability in the short-term. On-chain data confirms that whales are actively buying Bitcoin, further supporting the bullish trend. Institutional investors have been notably active, with BlackRock and Ark Invest adding over $141.6 million in Bitcoin to their portfolios. Such a surge in investment confidence is expected to encourage broader participation in the market.