Bitcoin Remains Steady at $106,332 Amid U.S. Domestic Tensions
Bitcoin (BTC) exhibited stability over the weekend, maintaining a price around $106,332 despite rising tensions in the U.S. related to immigration protests in Los Angeles. Key developments include:
- Over 100 arrests reported during clashes between protesters and federal agents, leading to President Trump's authorization of 2,000 National Guard troops.
- Defense Secretary warned that U.S. Marines might be mobilized if violence escalates.
- Bitcoin traded within a range of $1,057, from $105,043 to $106,101, with a notable rebound after dipping below $105,100.
- The current price action indicates strong buying interest at the $105,400 support level.
- A breakout attempt above $106,100 faced resistance but held gains, suggesting bullish sentiment persists.
- Technical analysis shows consistent higher lows, potentially leading BTC towards a test of the $107,000 resistance level if support holds near $105,800.