Bitcoin prices are recovering today following a more than 5% plunge from yesterday evening as markets reacted to news of Israel attacking Iran. BTC futures plunged amidst the broad drop off in risk assets as news of the attacks broke. However, the slide lower found strong support into the $103k lows with BTC now trading back up into the mid $105k region. The recovery today is an encouraging sign for bulls, reflecting the strong residual demand in the market amidst the growing view that BTC is on the verge of a breakout in the near-term. Institutional demand has been rising steadily in Bitcoin over the last month with ... (full story)