According to @MI_Algos on X on August 13, 2025, BTC has re-entered all-time-high price discovery. Source: @MI_Algos on X, August 13, 2025. In ATH price discovery, there is no historical overhead resistance and price is set by current order flow, making liquidity depth and momentum the primary drivers for trade execution and risk management. Source: Investopedia, Price Discovery.