#BTCBreaksATH

Bitcoin (BTC) recently hit a new all-time high (ATH) in most countries, including Japan, Malaysia, India, South Korea, Chile, Australia, China, and many more[

Key factors driving this:

1. Increased institutional influence: ETFs (Exchange-Traded Funds) purchased over $600 million USD in Bitcoin.

2. Exchange market decline: More BTC was leaving exchanges, indicating a long-term positive trend.

3. Increased user activity: An increase in the number of active addresses, indicating growing interest in the cryptocurrency.

4. Preparations for the split: The Bitcoin split, which is due in 49 days, is also maintaining positive momentum.

Future prospects:

Analysts predict that the price of Bitcoin may continue to rise, and a new ATH may be reached at $111,573. However, it is worth remembering that cryptocurrency can be vulnerable to market fluctuations.