#MarketRebound Analysts: Bitcoin is on "shaky ground" and depends on the news agenda.
Bitcoin has recovered after a brief drop to $100,300 and is holding above $105,000, according to TradingView. Between June 7 and June 9, 2025, the asset regained all the losses it faced on June 5.
Analysts believe that the reason for the volatility was the public conflict between Donald Trump and Elon Musk. Against the backdrop of their statements, experts noted significant fluctuations in market sentiment.
However, specialists warn that despite the recovery, Bitcoin is on "shaky ground". They allow for the possibility of a sharp price movement with the emergence of significant macroeconomic news. Kronos Research analyst Dominic John noted in a comment to The Block that the fear and greed index at 55 points reflects a neutral mood among investors who are waiting for signals. Kay Lu from HashKey Eco Labs emphasized that even the slightest negative event could trigger panic selling.