Bitcoin holds above $ 106k while the US defense secretary threatens to deploy Marines to LA
Bitcoin (BTC)
Maintains a steady climb on Saturday as tensions in the US domestic intensify.
The markets have remained focused on the stability of the crypto despite not surprising titles, including an immigration -related standoff in Los Angeles.
According to a Report Through the CNBC, more than 100 arrests were reported as the quarrels continued between protesters and federal agents, urging President Trump to allow the expansion of 2,000 National Guard troops. By Sunday morning, elements of the 79th Infantry Brigade came to the site, according to the Northern Command.
Further worsening came along with Defense Secretary Pete Hegsetth who warned that US Marines at Camp Pendleton could also be mobilized if the violence continued. However, Bitcoin’s stability at $ 106,332 suggests that crypto investors remain disagreeing, treating chaos as a regional event rather than a crisis that moves the market.
Bitcoin exchanged for a narrow $ 1,057 range, from $ 105,043 to $ 106,101, and currently spin at $ 106,332. The price action showed a strong rebound after a short sinking below $ 105,100, while the purchase of interest reappeared around the $ 105,400 support level, according to the CoinDesk Research’s technical review model.
An early breakout attempt above $ 106,100 ran for sale of pressure, creating a high volume of immunity. That move is short -lived as a set of income, even if the coin is held in its acquisitions. The integration structure remains bullish, with a pattern of higher lows indicating a potential push towards $ 107,000 if the resistance is clean.
Despite the broader headwinds of the MacRO, the BTC continues to attract consumers during dips, emphasizing its role as an noticed fence amid increased uncertainty.
Technical assessments
- BTC exchanged within a $ 1,288 range (1.22%) between a low $ 105,043.65 and a 24 -hour high of $ 106,332.
- Resistance around $ 105,900- $ 106,100 was damaged as the price exceeded beyond this zone with a strong quantity in the early afternoon.
- Support the $ 105,400 held firm by many retests, strengthening bullish emotions.
- A breakout at $ 106,332 took place around 13:48, followed by a minor earning and stabilizing above $ 106,000.
- The time -the chart shows an ascending trend with the same higher lows, which is incorrectly the previous “pump and dump” interpretation.
- In the momentum full, BTC can test the $ 107,000 resistance level if the current support near $ 105,800 holds.
Divinity: The parts of this article were formed with the help from the AI tools and our editorial team reviewed to ensure accuracy and compliance with our standards. For more information, see CoinDesk whole You have a polycy.
