Bitcoin reaches a Schrödinger's ATH

It's funny to read the thread in r/cc celebrating BTC reaching a new ATH of $112k USD (there is still some minor dispute on this as it seems only reached on a few exchanges, but whatever).

The Euro crowd are pointing out that it's not an ATH because the EUR price of Bitcoin is well (10%) below their previous ATH. Similarly in some other currencies.

The conclusion seems to be that this USD ATH is more reflective of a weakening of the dollar.