Bitcoin Breaks Out! Here are the reasons fueling the Bullish Momentum?

Bitcoin has surged past $105K, driven by a powerful combo:

🔹 Ceasefire Hopes – Easing Middle East tensions calmed markets.

🔹 Rate Cut Signals – Fed hints at lower interest rates = more risk appetite.

🔹 Institutional Demand – Big players like BlackRock & new $BTC treasury firms are piling in.

🔹 Weak Dollar – Investors are hedging with BTC as USD slides.

🔹 Strong Technicals – Key support zones held firm, pushing BTC higher.

Analysts eye on Next targets to $114K–$120K