Bitcoin Rebounds to Range Highs: ‘Real Liquidity’ Drives Steady Buying Momentum

Bitcoin has climbed towards its record highs after a correction following a surge driven by sustained buying activity. Key metrics indicate controlled profit-taking, with Bitcoin’s price stabilizing above $120,000. Onchain data shows the balance between buy and sell orders shifted from heavily bearish to neutral levels, signaling ‘real liquidity’. 4-hour chart analysis reveals consistent buying pressure since early October.