Bitcoin is trading around $104,800 after falling to $103,000 amid geopolitical tensions (Israel–Iran). Investors are temporarily exiting risk assets. At the same time, institutional interest is growing: Anthony Pompliano is launching the ProCapBTC fund with $750 million to purchase BTC, and Trump Media is applying for a Bitcoin ETF. In the USA, the CLARITY and GENIUS bills are advancing — the first steps toward clear crypto regulation. Companies like MicroStrategy and GameStop are considering BTC as a strategic asset. The chart shows a consolidation phase ($103k–$112k). If institutional support remains, Bitcoin could reach new all-time highs.

$BTC