Bitcoin (BTC) staged a swift rebound on Friday after a sharp dip triggered by renewed U.S. tariff headlines. The market found solid footing near the $103K mark, where strong buying interest — led in part by institutions — helped halt the slide and spark a recovery.

The correction came amid heightened macroeconomic uncertainty, with global investors closely watching the escalating trade rhetoric between the U.S. and China. Still, corporate demand for BTC remains strong: both Strategy (formerly MicroStrategy) and GameStop added to their treasury positions this week, signaling long-term confidence in the asset.

Market Snapshot & Technical Setup:

• A decisive bottom was formed in the $103,200–$103,400 area as volume surged and bids absorbed selling pressure.
• BTC reclaimed key resistance at $104,000, marking a shift in momentum confirmed by rising volumes.
• A fresh support base is emerging just above $104K, potentially setting the stage for a renewed push higher if macro conditions stabilize.
• Price action in the past hour showed BTC climbing from $104,146 to $104,303, with a burst of activity at 14:01 driving the move.
• Prior to the breakout, BTC consolidated tightly between $104,077 and $104,263 — now acting as a near-term accumulation zone.

Despite external headwinds, Bitcoin’s ability to hold major support and attract institutional flows underscores growing market maturity — and hints that bulls may not be done yet.