Bitcoin rate is holding near $105500, recovering from the recent decline. This does not exclude the probability of another decline and testing the local minimum, however, the price still remains above the area of $101000-105000. Some sources report about the probability of "short-squeeze" - a situation when sharp price growth leads to liquidation of a large number of short positions, which additionally accelerates the price growth. An additional factor that increases the likelihood of such a scenario is the decreasing share of bitcoins stored on crypto exchanges, which creates liquidity risks. According to some data, in case of bitcoin price rise by 10%, positions worth more than $15 billion may be closed. In case of decline, the area of $93000-98000 will be a local support zone.