$BTC Bitcoin (BTC) confidently holds above the mark of $105,000 after recovering from a sharp decline caused by escalating tensions in the Middle East. The leading cryptocurrency fell below $104,000 after Israel's strike on Iran but quickly regained lost ground and is now trading at $105,590, which is 0.15% higher over the last 24 hours.

The rapid recovery of Bitcoin indicates its inherent strength, with significant buying volume noted during the dip. Analysts highlight the range of $104,000–$105,000 as an important support zone, as price movement continues to gradually rise. Sentiment remains cautious — reflected in the decline of trader confidence — however, structurally, the Bitcoin trend remains intact.