Bitcoin has smashed a new all-time high above $126,000, catching traders completely off guard. In this video, Nic breaks down what triggered the surge — from $5 billion in ETF inflows and massive short squeezes to key macro drivers — and what the data says about where Bitcoin goes next.He also unpacks on-chain indicators showing strong fundamentals, Wall Street’s bullish price targets up to $200,000, and the major risks that could slow momentum. With institutional capital now steering the market, this could be the start of a new Bitcoin era — not the end of the rally.