Bitcoin has recovered above $105,000, after dipping under $013,000 earlier this week, with this rebound supported by the formation of a Golden Cross.

Following the Bitcoin price crash under $103,000 earlier this week amid the Iran-Israel conflict, BTC has recovered once again above the $105,000 support with a classic golden cross pattern formation. Moreover, following yesterday’s dip, traders have also initiated fresh long bets, highlighting confidence in the upcoming market rally.