Bitcoin prices have surged above $105,000, marking a notable increase of over 16% since dipping below $90,000 just four days prior. This rise is attributed to growing institutional adoption, which has bolstered bullish sentiment in the cryptocurrency market. The latest figures indicate that Bitcoin is nearing its highest closing price in history, reflecting a strong recovery from its recent lows experienced in mid-December. The price movement has garnered attention, with analysts suggesting that this could be an early indicator of further gains in the future.