Bitcoin is currently consolidating inside a descending channel, with the Ichimoku Cloud acting as resistance near the top of the structure.
At the moment, BTC is getting squeezed between the descending channel resistance and the lower support area. This tight price action suggests that a strong move could happen soon.
If Bitcoin breaks above the channel and clears the Ichimoku resistance, it would confirm bullish momentum and may push the price higher toward the $118,000ā$120,000 zone.
However, if price stays within the channel, consolidation may continue, and a breakdown from the lower boundary could send BTC toward $112,000ā$113,000 levels. #BTC
What started as a powerful alliance has exploded into a full-blown political and personal war. Here's the tea š«:
š§¾ The Fallout Begins Elon slammed Trumpās āBig Beautiful Billā for adding $2.5T to the deficit and cutting EV tax credits (š for Tesla). He called it a "disgusting abomination." š¤
š Stock Shock Teslaās market value dropped $150 billion after Elon warned Trumpās new tariffs could cause a recession. Ouch. šø
āļø From Allies to Enemies Musk accused Trump of being tied to sealed Epstein docs. Trump clapped back, threatening to pull SpaceX and Tesla contracts. š„
š Backstabbing or Truth Bombs? Musk says he helped Trump win in 2024 and now regrets it. He even suggested impeaching Trump and replacing him with JD Vance!
š Public Meltdown Their drama is everywhere: news, memes, even Muskās ex weighed in. Itās giving... reality show energy. š
---
š¤ Two of the most powerful figures in tech & politics are now open rivals. What does this mean for the future of innovation, space, and the 2024/2025 political landscape? š
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