Introduction: The crypto space is buzzing with excitement as Bitcoin recently reached a $112K level – yet many experts argue that this is merely another milestone in an ongoing bull market. With a weekly close at $105K and over 30 robust metrics indicating continued bullish pressure, Bitcoin's momentum shows no signs of waning.

1. Bitcoin’s Weekly Performance

This week saw Bitcoin closing at $105K, setting the stage for new highs and reinforcing market confidence. This performance isn’t just a fleeting trend but part of a larger pattern that keeps the bullish narrative alive.

2. The Significance of the $112K Mark

While $112K might be celebrated by many, experts caution that it’s not the bull market's pinnacle. Instead, it's an important checkpoint that represents both strong institutional support and retail confidence in Bitcoin’s long-term growth trajectory.

3. 30+ Metrics Fueling the Bullish Sentiment

Across the board, diverse metrics from volume, market sentiment, and on-chain data—over 30 indicators—underscore an environment ripe for continued gains. These metrics offer a multidimensional view of Bitcoin’s resilience.

4. Impact on Crypto Trading, DeFi, and Web3

The ongoing excitement in Bitcoin naturally spills over into the broader crypto ecosystem, boosting trading volumes and creating new opportunities in DeFi and Web3. Investors are increasingly flocking to these areas, betting on the transformative potential of crypto technologies.

5. Global Crypto News and Future Outlook

Globally, markets are taking note of Bitcoin’s robust performance. The narrative of a bull market isn't confined to a single region; it's a worldwide phenomenon where regulatory developments, technological innovations, and investor behavior collectively propel Bitcoin to new heights.