$BTC "As bitcoin approaches $100,000 once again, a growing topic is that private companies are adding more BTC to their balance sheets, currently there are approximately 70 companies doing this worldwide," said Greg Magadini, director of derivatives at Amberdata to Bitcoin.com News on Tuesday night. "Combine this topic with the returns of investments in bitcoin ETFs and now new ATHs are back on the horizon."

Today's rally indicates renewed investor enthusiasm and a possible psychological shift after the recent retraction. Current data from Coinglass reveals that over $40 million in short BTC positions were forcibly closed in the last four hours, with more than $55 million liquidated in the previous 24-hour period. Collective market signals across the board are increasingly aligning with a mature bullish stance, although one that continues to operate within tempered and not exuberant parameters.