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Coin Telegraph

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Image Credit: Coin Telegraph

Crypto regulation shifts as Bitcoin eyes $105K amid liquidity boost

  • 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.

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