Bitcoin is consolidating just below its all-time high of $112,000, with strong demand above key support zones signaling buyer control.
US Dollar Index (DXY) weakness, reaching historic lows, could fuel Bitcoin's next move as capital rotates into risk assets like BTC.
Bitcoin's price remains steady near $109,000, facing resistance at $109,300 while holding solid support at $103,600.
Investors are optimistic for a potential Bitcoin breakout amid macroeconomic conditions favoring alternative assets and rising demand for stores of value.