Historic Bitcoin Shakeup: After Trump vs. Musk Sparks $5,000 Crash, Is a $120,000 Surge Ahead?
Bitcoin nosedives after a Trump-Musk showdown, recovers fast—analysts reveal breakout zones and bull market signals for 2025.
- Current BTC Price: $104,650 (up 2.98% in 24 hours)
- Recent Price Range: $100,000–$106,000
- Market Cap: $2.07 trillion (5th largest global asset)
- All-Time High: $112,000 (May 2025)
A dramatic Twitter war between Donald Trump and Elon Musk sent Bitcoin tumbling below $101,000 this Thursday, shattering a week-long calm for the world’s leading cryptocurrency. The feud, erupting across X and Truth Social, triggered panic and volatility as crypto traders scrambled for clues about the next major price move.
But the story doesn’t end with the drop. Bitcoin quickly clawed its way back to $104,000, hinting at strong market resilience and setting the stage for an explosive new chapter in crypto history.
What’s Behind Bitcoin’s Wild Ride?
As Trump and Musk clashed in front of millions, market sentiment shifted. Investors, watching for any signal from these power players, responded instantly. The price dipped over $5,000 at lightning speed, but Bitcoin’s quick recovery shows how bullish momentum remains—even amid political and tech titan fireworks.
May 2025 was nothing short of historic, as Bitcoin soared from $95,000 to a record-breaking $112,000, fueled by renewed interest and institutional investment. Despite the correction, its fundamentals appear robust.
Q: Is the Correction Over? What Are the Critical Price Levels?
Crypto analyst Daan Crypto spotlights the current trading range: $100,000–$106,000. If Bitcoin slides below $100,000, he predicts the correction could drag on for another 1-2 weeks, possibly finding support at $95,000 or even $85,000.
On the flip side, a break above $106,000 could signal the end of the correction—a strong move that may catapult Bitcoin toward uncharted territory, with initial targets at $120,000.
How Is Bitcoin Performing Against Global Assets?
Right now, Bitcoin holds its position as the world’s largest cryptocurrency and the fifth biggest asset overall. The Relative Strength Index (RSI), a key momentum indicator, points upward at 51.53. This trend suggests the correction might be ending, and Bitcoin could soon surge back toward the overbought zone.
At a $2.07 trillion market cap, Bitcoin’s influence stretches across all financial markets. Compare this momentum to other global assets on sites like Bloomberg and see how Bitcoin now ranks alongside blue-chip stocks and commodities.
What Should Investors Watch For Next?
Keep a sharp eye on the $100,000 and $106,000 thresholds. Major events—whether geopolitical drama or regulatory news—can move prices in seconds. For real-time updates and in-depth analysis, follow leading platforms like CoinDesk and Cointelegraph.
How to Prepare for the Next Bitcoin Breakout?
1. Monitor Bitcoin’s key price zones daily.
2. Stay alert to social media trends that could trigger volatility.
3. Use analysis tools to track RSI and chart momentum shifts.
4. Diversify your crypto portfolio to weather sudden corrections.
5. Always use secure exchanges and wallets for your assets—visit Binance for best practices.
The next Bitcoin breakout could arrive fast and furious—don’t get caught off guard.
Bitcoin in June 2025: Action Checklist
- ✔ Watch for sustained moves above $106,000 or below $100,000
- ✔ Follow headline news for Trump, Musk, and major crypto players
- ✔ Use secure trading platforms and set stop-loss orders
- ✔ Diversify your holdings and review risk regularly
- ✔ Join the conversation on X (Twitter) and trading forums for sentiment insights
Ready to act on the next Bitcoin move? Stay sharp, stay informed—your next big opportunity could be one tweet away.