Bitcoin rebounds to $80,000, driven by short liquidations amid steady recovery since February.

Bitcoin has climbed back to the $80,000 level for the first time since February, showing a steady recovery after a sharp drop from nearly $95,000 to below $60,000. This rebound is supported by short liquidations, which forced bearish traders to close positions, accelerating the price rise. The $80,000 mark is now a critical level to watch, as a sustained move above it could lead to higher price tests, while failure to hold may result in continued consolidation.