Bitcoin price has risen 8% from its March 11 low of $76,703, driven by large investors buying the dip with leverage.Margin longs on Bitfinex surged to their highest level since November 2024, indicating bullish sentiment despite recent price weakness.The correlation between the global money supply and Bitcoin's price suggests a potential rally above $105,000 in the next two months.Industry-specific news and events, as well as clearer crypto regulation, are driving Bitcoin's push toward $105,000.