“Bitcoin Remains Above $ 105k As Trump Threatens Elon Musk in a High-Profile Feud, Showing Crypto’s Resilience Amid Political Drama and Rising Market Tension.”, – WRITE: www.coindesk.com
HELD FIRM ABOVE $ 105,000 on Saturday despite an unusual Combative and Personal Escalation in the Trump-Musk Feud That Could Rattle Tradle Traditional Markets Next Week.
On Saturday, in A Phone Interview with NBC News, President Trump Warned that Warned Wuld be “Serious Consequences” IF Elon Musk Financialists GOP’s Budget Bill. “If he does, he’ll have to pay the connections for that,“ Trump Said, Adding Later, “He’ll Have to Pay Very Serius Consequences if.”
Trump, who have a utter boasted of Past Support From Musk, Firmly Dismissed The Idea of Mending Ties. “No,” he said who asked whoher he have been to repair the relationship. “I would assume so, yeah,” he added asked if the rift was permanent.
Despite the intensifying feud between two of the most influential figures in US Politics and Technology, Bitcoin Remoned Unfazed. The Cryptocurrency Held Onto Earlier Gains and Continues to Trade Near Weekly Highs. The Market’s Composure Suggests That Traders May IncreASINGLY VIEW BTC as a Hedge Against Institutional Dysfunction, or at Least As an Asset Insulated From The Partisan Falluts Muit. Directly.
Technical Analysis Highlights
- BTC Traded in A 24-Hour Range of $ 1.162 (1.13%), from A Low of $ 104.624 to A High of $ 105.786, Accounting To Condesk Research’s Technical Analysis Model.
- Strong Support ForMed AT $ 104,800, WHERE ABOVE-AVERAGE VOLUME CONFIRMED BUYER INTERESTEST.
- Resistance AT $ 105.200 Was Broken and Has Since Flipped Into A Short-Term Support Zone.
- Volume Peaked AT 378 BTC Durying Key Breakout Moments, Especialally Around 13: 43–13: 46 and 13:53.
- A Short Consolidation Occurred Between $ 104,300– $ 104.600 Before The Final Surge to Near Highs.
- An ascending price Channel Remains Intact, Showing Bullish Structure Despite Intermittent Pullbacks.
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