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by: xpoolPosted on: May 21, 2025

Bitcoin Surpasses $107K: V-Shaped Recovery Fuels Renewed Bullish Sentiment

Bitcoin’s recent surge past the $107,000 mark marks a significant rebound, fueled by investor confidence and high MVRV ratios. This strong performance is accompanied by record short positions on Binance, which could trigger a market-moving short squeeze if price continues upward.

Related posts:

  1. Bitcoin Breaks Resistance, Holds Above $84K in Potential Breakout
  2. Bitcoin’s 200-Week MA Climbs Past $47K: Signal of Strong Support and Investor Confidence
  3. Bitcoin’s Weekly Chart Shows Strong Trend Above $109,400
  4. Bitcoin Soars Past $108K Amidst Major Liquidations
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