š Breaking: Bitcoin takes a dramatic bounce back from subā$101K to over $103K, riding overnight volatilityāthis is the kind of ride traders live for at open! After sliding below $101,000 amid escalating TrumpāMusk tensions, $BTC surged past $103,600, briefly touching $105,888 intraday before giving back some gainsātrue noneāstop action .
Whatās fueling this push? A cocktail of aggressive profitātaking, driven by macro jitters around Trumpās media moves and Muskās commentary, keeps the market on its toes . Yet savvy institutions are entering on the dip, leveraging the volatility and setting sights on reclaiming the $108Kā$110K regionāhinting at a potentially explosive shortāsqueeze.
Heads up: the Fedās next policy address and Trump Mediaās pending Bitcoin ETF filing are set to dominate headlines this week. These catalysts could flip market sentiment in an instant and spark another volatile leg upāor send prices on a deeper retracement.
šÆ What traders should do now: Sharpen your entry price, manage risk with tight stops, and consider scaling in as momentum confirms a higher low. Break above today's high could trigger a rapid short squeeze toward $108K. š