đš $BTC just flirted with $100K â and bounced back just as fast. But this wasnât about charts or halving cycles. It was pure political chaos. đ
Early Friday, BTC plunged to $100K after a public feud exploded between Trump and Elon Musk across X and Truth Social. Trump threatened to cancel federal deals with Musk's companies, while Elon fired back with đ„ claims about broken promises and even Epstein ties. No joke.
Markets reacted instantly:
- $150B wiped off Teslaâs market cap đ
- $873M in long liquidations across crypto đ„
- BTC dropped 4.8% â but dip-buyers stepped in fast âĄïž
Despite the noise, on-chain fundamentals (hashrate, reserves) stayed strong. This was emotional, not structural. The $100K mark proved to be solid psychological support â for now.
But here's the real alpha:
When politics gets this personal, macro fades. Weâre entering a cycle where narratives trump numbers. And crypto? Itâs caught in the middle.
Stay nimble, frens. Weâre not just trading charts anymore â weâre trading chaos.
