Bitcoin Teeters on the Edge – Trump Media Drops Cryptic Market Signal

BTC’s price action hits a critical inflection point as political winds shift.

Trump Media’s latest move sparks speculation—bullish catalyst or distraction play?

Meanwhile, Wall Street ’experts’ still can’t decide if crypto’s a revolution or a Ponzi scheme. Place your bets.

Source: Alphractal

Naturally, this points to a critical moment.

While the setup shows potential for more upside, traders may want to stay cautious unless the metric climbs into extreme-risk territory.

Trump’s 2.232B BTC deal amid large range consolidation

The news that Trump Media may buy BTC for $2.32 billion could drive significant changes in the BTC price because of current market trends.

As per Arkham, bitcoin was at $105,000, which was 12.39% higher than its value from 30 days ago.

Buyers of such large amounts help make the cryptocurrency more valuable, given the growing interest and fewer coins available.

At the same time, the Sharpe Ratio pointed to a moderate level of risk and a possibility for growth, without much overexcited behavior.

Source: X

Looking back, these levels marked times before rallies and dip-downs. Completing the deal may encourage optimism, though investors may see some short-term ups and downs.

Experienced investors follow trade flows, since important purchases or sales can set off a burst of buying or selling.

Key range in focus: $97K–$99K critical zone

On the charts, Bitcoin stayed inside its limited range between $90,845 and $111,938. The recent MOVE above the upper boundary brought a rejection that sent BTC to settle at $103,658.

There was now focus on the $97,000–$99,000 level, where three factors meet: the mid-range at $99,638, the 0.382 Fibonacci retracement at $97,622 and the 200 daily moving average at $94,717.

Reaching this support area could possibly lead to a reversal or a bounce. But if Bitcoin cannot secure this area, its price may move toward the $90,845–$90,626 support zone.

Source: TradingView

Meanwhile, if BTC goes past its all-time high at $111,938 by gaining momentum, it might keep rising and start a new breakout.

Right now, the extreme highs on the range and no strong move higher mean that traders should be careful.

The 200-day moving average trended upward, and that trend could help the market bounce back if reached again.

For the moment, traders holding BTC might stand by, waiting for more obvious signs at main support and resistance points.