$BTC drops to $13 after a Chinese tech firm — reportedly tied to TikTok stakeholders — invests $300M, grabbing 11% of its market cap.

While some saw confidence, others hit sell.

Why?

Regulatory fears, foreign influence, & political tension.

Volume spiked past 11M, but price stuck in range.

Holding $13 support could trigger bounce to $15.85.

Lose it? $10.33 is next.

With U.S. lawmakers eyeing Trump-aligned tokens, expect volatility ahead.