Bitcoin (BTC)
As tensions in the United States intensified, a steady climb was maintained on Saturday.
Despite the disturbing headlines, including an immigrant-related standoff in Los Angeles, the market remains focused on crypto-antigen capabilities.
according to Report CNBC reported that clashes between protesters and federal agents have been reportedly continuing over 100 people, prompting President Trump to authorize the deployment of 2,000 National Guards. By Sunday morning, elements of the 79th Infantry Brigade had arrived, according to the Northern Command.
Defense Secretary Pete Hegseth warned that the U.S. Marine Corps could also mobilize if the violence persists. Still, Bitcoin’s stability is $106,332, suggesting that cryptocurrency investors still undoubtedly view the unrest as regional events rather than crises in the market.
Bitcoin is trading in a narrow $1,057 range, from $105,043 to $106,101, and currently hovering at $106,332. According to Coindesk Research’s technical analysis model, the price measure briefly fell below $105,100 after a brief decline below $105,100, indicating a strong rebound as Coindesk Research’s technical analysis model reappears at a support level of $105,400.
Early breakthrough attempts over $106,100 encountered sales pressure, creating a large-volume resistance zone. Although the coins continue to achieve success, this move is short-lived, even though the coins take up the gains. The merger structure remains bullish, with the high and low pattern suggesting that if the resistor breaks cleanly, it could push towards $107,000.
Despite macro headwinds, BTC is still attracting buyers during the decline, highlighting its role as a perceived hedge in the case of rising uncertainty.
Technical analysis highlights
- BTC trades in the range of $1,288 (1.22%) with a low of $105,043.65, up to $106,332.
- As prices soared in strong volumes early in the afternoon, resistance was around 105,900-$106,100.
- Bullish sentiment is enhanced by several retests, supporting $105,400 at $105,400.
- The breakout to $106,332 occurred around 13:48, and then made a smaller profit and stabilized over $106,000.
- The hourly chart shows an uptrend, with its higher lows consistent, invalidating the earlier “pump and dump” explanation.
- If momentum is intact, BTC may test a resistance level of $107,000 if the current support is close to $105,800.
Disclaimer: Part of this article was generated with the assistance of AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s full How leafy are you.
