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.

What to know:

  • BTC gained 1.13% in the past 24-hour period, climbing from $104,624 to $105,786.

  • Trump threatened “serious consequences” for Musk if he funds Democratic candidates, intensifying a public feud.

  • Despite political tension and market risks, BTC held above $105K with bullish volume confirming investor resilience.

Bitcoin BTC

$105,863.40
held firm above $105,000 on Saturday despite an unusually combative and
personal escalation in the Trump-Musk feud that could rattle
traditional markets next week.

On Saturday, in a phone interview with NBC News,
President Trump warned that there would be “serious consequences” if
Elon Musk financially backed Democratic candidates running against
Republicans who support the GOP’s budget bill. “If he does, he’ll have
to pay the consequences for that,” Trump said, adding later, “He’ll have
to pay very serious consequences if he does that.”

Trump,
who has often boasted of past support from Musk, firmly dismissed the
idea of mending ties. “No,” he said when asked whether he wished to
repair the relationship. “I would assume so, yeah,” he added when asked
if the rift was permanent.

Despite the intensifying feud between
two of the most influential figures in U.S. politics and technology,
Bitcoin remained 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 fallout
that tends to impact equities more 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, according to CoinDesk Research's technical analysis
    model.

  • Strong support formed at $104,800, where above-average volume confirmed buyer interest.

  • Resistance at $105,200 was broken and has since flipped into a short-term support zone.

  • Volume peaked at 378 BTC during key breakout moments, especially 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.

#TrumpVsMusk $BTC #BTC

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