There are number of things which made the Bitcoin to rise such as $310 million worth of Bitcoin shorts liquidated in the past 24 hours.
Also
Bitcoin (BTC) briefly topped $35,000 Wednesday for the second time this week, but prices quickly reversed as that level appeared to trigger numerous sell orders, perhaps from miners, suggested one hedge fund manager.
The $35,000 area represents a monthly resistance level for the price, and could mean that bitcoin will consolidate below for some time following the crypto’s big run higher, said Charles Edwards, founder of Bitcoin-focused hedge fund Capriole Investments.
"Bitcoin miners are selling off more of their treasury than usual today; this can be a warning sign for consolidation," said Edwards. He noted an uptick in Capriole's Bitcoin Miner Sell Pressure, which indicates that BTC miners are selling a bigger part of their revenues than on average.