Bitcoin (BTC) remains firm while Trump-Musk Feud increases during the budgetary policy of 2025

Bitcoin

Held a company more than $ 105,000 on Saturday despite an unusually combative and personal escalation in the quarrel of Trump-Musk which could vibrate the traditional markets next week.

On Saturday, in a telephone interview with NBC News, President Trump warned that there would be “serious consequences” if Elon Musk financially supported Democratic candidates who presented themselves against the Republicans who support the GOP budget bill. “If he does it, he will have to pay the consequences for this,” said Trump, adding later, “he will have to pay very serious consequences if he does.”

Trump, who often boasted of Musk’s past support, firmly rejected the idea of ​​repairing the ties. “No,” he said when he was asked if he wanted to repair the relationship. “I guess yes, yes,” he added when asked if the rift was permanent.

Despite the intensification of the quarrel between two of the most influential personalities of American policy and technology, Bitcoin has remained imperturbable. The cryptocurrency has retained previous gains and continues to exchange close weekly peaks. The market composure suggests that traders can increasingly consider the BTC as coverage against institutional dysfunction, or at least as an isolated asset of partisan benefits which tend to have an impact on more directly actions.

Strengths of technical analysis

  • BTC was negotiated in a 24 -hour range of $ 1,162 (1.13%), against a minimum of $ 104,624 at a summit of $ 105,786, according to the Technical Analysis model of Coindesk Research.
  • Solid support was formed at $ 104,800, where the volume greater than the average confirmed the buyer’s interest.
  • The resistance at $ 105,200 has been broken and has since returned to a short -term support area.
  • The volume culminated at 378 BTC during key moments, in particular around 13: 43–13: 46 and 13:53.
  • A short consolidation occurred between $ 104,300 and $ 104,600 before the final overvoltage near the summits.
  • An ascending price channel remains intact, showing an upward structure despite intermittent withdrawals.

Warning: Parties of this article were generated with the help of AI tools and examined by our editorial team to guarantee accuracy and membership of our standards. For more information, see the complete Coindesk AI policy.

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