Bitcoin is trading near $108,000, marking a ~2.2% rise on the day, after rebounding from a dip around $105,000 . Momentum is supported by strong institutional inflows—weekly ETF investments reached $1.9 billion, while mining firms deepen treasury reserves . Technical setups hint at a potential rally toward $112K–$120K, with key support holds at $105K . However, geopolitical flare-ups—especially in the Middle East—could bring volatility, as seen when BTC slid below $105K amid oil spikes this week . Overall, Bitcoin remains on bullish footing, blending macro tailwinds with rising adoption. Traders should monitor the $105K–$112K range closely.$BTC