Bitcoin (BTC) Hits New All-Time High, Can It Avoid Another Meltdown?

Bitcoin price just surged past $116,000, registering a new all-time high above its May 2025 peak. But unlike last time, this rally has a strong institutional tailwind. South Korea’s K Wave Media has reportedly acquired 88 BTC as part of a larger $1 billion treasury plan. The question now is — can this BTC price breakout avoid the same fate as May’s meltdown to $98,000? Let’s decode the on-chain and chart data source: https://beincrypto.com/bitcoin-price-hits-116k-ath-with-institutional-backing/