<ul><li>Bitcoin's price has surged from $105,000 in a stunning rebound, regaining its upside traction to surpass key resistance levels and approach its peak.</li><li>The trigger behind the renewed upward movement in Bitcoin seems to be a wave of short positions liquidations, causing a surge of buy orders in the market.</li><li>Data from Glassnode indicates a significant increase in short liquidations from $105,000 to $359,000 within just 4 hours, suggesting a change in market mood and potential for Bitcoin to reclaim its all-time high.</li><li>Technical analysis by Daan Crypto Trades highlights the presence of strong liquidity clusters both below the $100,000 mark and above the $112,000 level that could impact Bitcoin's price movements.</li></ul>

Bitcoin’s Price Surges From $105,000 In Stunning Rebound – Here’s The Trigger Behind The Rally

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