Bitcoin is approaching all-time highs after a record weekly close, with traders anticipating a potential liquidity move to $105,000. After a brief dip linked to dormant wallets activating, BTC/USD is focusing on the key $109,000 level, previously flipping $108,000 to support. Traders suggest a substantial movement is likely based on historical patterns, with a focus on resistance and support levels around $110,000 and $107,800. Meanwhile, funding rates have been declining despite rising prices, indicating that traders are increasingly short on BTC, which may lead to forced liquidations and further price increases. Investor sentiment is currently in the 'extreme greed' territory, aligning with ongoing bullish trends in the crypto market. Macro factors also play a role, with US trade tariffs and dollar weakness influencing market dynamics. The week ahead presents key data releases including jobless claims, which may impact future Bitcoin and broader market movements.

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