Bitcoin price is heading for weekend collapse to $61k – will a social media post from Trump save it?
Bitcoin can test $61,700 this weekend unless Trump delivers another market-calming message.
Bitcoin is heading into the weekend with broken near-term structure, elevated macro pressure, and a political catalyst that now sits close to the center of the market’s risk map.
The technical setup has dete...
The strongest version of this narrative is that Bitcoin’s price action is currently governed by a combination of technical breakdowns, macroeconomic pressures, and geopolitical risks—with Trump’s rhetoric acting as a short-term volatility catalyst. The analysis credibly maps out key support and resistance levels, acknowledges the Fed’s policy constraints, and highlights the market’s sensitivity to Middle East tensions. However, the framing leans heavily on the idea that Trump’s social media post...
