#BTCBreaksATH short positions in one hour fueled the rise, with $1.6B still at risk if it exceeds $115,000. BTC dominance reaches 63.8%, reflecting a strong bullish market. Key factors: ETF with net inflows of $50 billion, a weak dollar (-10% in 2025) and expectations of rate cuts from the Fed following the FOMC minutes. Analysts like Michael van de Poppe see momentum towards $120,000-$130,000, with technical patterns like the "cup-and-handle" suggesting increases up to $150,00