Has the storm of Musk and Trump ended? Bitcoin rises again… with unexpected support

After Bitcoin's price touched the $100,000 mark last Thursday in one of the largest daily declines this month, it bounced back strongly on Friday, surpassing $105,000. Despite this recovery, the price is still below its levels at the beginning of the week at the time of writing, raising questions about whether these weaknesses are temporary or a precursor to broader declines.

However, amid all this volatility, many are betting that any price correction at this stage represents a golden buying opportunity, especially for those looking at the market from a medium to long-term investment perspective.

From political escalation to economic surprises: what is driving Bitcoin now?

The sudden drop we witnessed last Thursday coincided with the escalating public feud between Elon Musk and U.S. President Donald Trump, a dispute that was not directly related to the cryptocurrency market but quickly interacted with it. Analysts believe that the decline was driven by a general tension in investor sentiment, partial liquidations in ETF funds, along with a wave of profit-taking after hitting historic price peaks.