Key takeaways:Bitcoin's 36% rebound from $74,500 runs into resistance at $106,000.Bid-side liquidity is staking up on the downside near $93,000.Bitcoin (BTC) price has rebounded by 36% from its April 9, five-month low at $74,500. However, its failure to decisively break above $106,000 has sparked concerns about whether a sharp correction is possible in the coming days.BTC/USD daily price chart. Source: Cointelegraph/TradingViewOver 97% of Bitcoin’s holders are now in profitBitcoin’s recent break above $105,000 saw its price rise above the short-term holder realized price as this cohort of traders flipped some of their unrealized losses into profit. Data from CryptoQuant reveals that less than 2.8% of Bitcoin investors were still in a position of loss when the price hovered around $102,000 on May 15, subsequently accounting for 97% of the supply in profit.Bitcoin: Percentage of supply in profit/loss. Source: CryptoQuantThe percentage supply in profit and loss evaluates the sum of unspent transaction outputs (UTXO) that are in profit or not by comparing the price when they were last moved and the current price.If Bitcoin continues to rise from the current levels, more investors will remain in profit. A high number of holders in profit is often seen as a sign of