🚨 $BTC just flirted with $100K — and bounced back just as fast. But this wasn’t about charts or halving cycles. It was pure political chaos. 👀
Early Friday, BTC plunged to $100K after a public feud exploded between Trump and Elon Musk across X and Truth Social. Trump threatened to cancel federal deals with Musk's companies, while Elon fired back with 🔥 claims about broken promises and even Epstein ties. No joke.
Markets reacted instantly:
- $150B wiped off Tesla’s market cap 📉
- $873M in long liquidations across crypto 💥
- BTC dropped 4.8% — but dip-buyers stepped in fast ⚡️
Despite the noise, on-chain fundamentals (hashrate, reserves) stayed strong. This was emotional, not structural. The $100K mark proved to be solid psychological support — for now.
But here's the real alpha:
When politics gets this personal, macro fades. We’re entering a cycle where narratives trump numbers. And crypto? It’s caught in the middle.
Stay nimble, frens. We’re not just trading charts anymore — we’re trading chaos.