Bitcoin Plunges on Trump vs. Musk Clash—Analysts Predict Massive Price Surge to $130K and Beyond
Crypto markets rocked by political drama, but key signals hint at a stunning Bitcoin rally. Experts reveal what’s next for BTC.
- -5%: Bitcoin’s price drop after Trump and Musk’s public dispute.
- $130,000: Analysts’ conservative price target for BTC’s next surge.
- 62%: Potential upside if bullish trends repeat from last year.
- 45: Bitcoin’s current Fear & Greed Index score—indicating “Fear”.
A fiery clash between U.S. President Donald Trump and tech titan Elon Musk has sent shockwaves through global markets. As tensions escalated, Bitcoin swiftly dropped from $106,000 to below $101,000, sparking panic among investors. But while fear gripped the markets, seasoned analysts spotted unmistakable signs of a brewing bull rally.
Why Did Bitcoin Crash After Trump and Musk’s Feud?
Political spats usually stay out of the crypto arena. This time was different. Last Thursday, as Trump’s and Musk’s heated exchanges dominated headlines, U.S. financial markets tumbled. Cryptocurrencies were the first to suffer, with Bitcoin enduring a sharp 5% plunge in just hours.
Such volatility isn’t unusual in crypto. Yet this dip coincided with an already simmering correction, as Bitcoin cooled off from its all-time high of $111,970 achieved on May 22, 2025.
Are Technical Indicators Signaling a Bitcoin Rebound?
Despite the drop, technical analysts urge investors not to panic. According to the popular analyst CrypFlow, the current pullback ticks every box of a classic bullish setup.
Here’s what experts are watching:
– Golden Cross Emerges: For the first time since November 2024, Bitcoin’s 50-day simple moving average crossed above its 200-day SMA in early June 2025—a renowned indicator of an impending uptrend.
– Breakout Above Downtrend: Bitcoin recently broke above a descending trendline that began last December, mirroring its breakout in late 2024 that unleashed a major rally.
– Healthy Correction: This downturn mirrors the 10% drop Bitcoin endured in November 2024, just before a runaway price surge.
The case for a bullish reversal is strong. Historic chart patterns suggest that BTC could soon target $130,000—a conservative estimate—while an epic run to $170,000 isn’t off the table.
Q&A: What Are the Latest Bitcoin Price Predictions?
Q: Where is Bitcoin trading now?
At press time, Bitcoin has stabilized at $104,850, recovering 2.57% in the past 24 hours.
Q: What do analysts expect next?
– Coincodex data shows optimism remains high. Despite a “Fear” rating (45/100) from the Fear & Greed Index, experts predict BTC will reach $134,074 within 5 days, and as high as $155,864 over the next three months.
Q: What about investor sentiment?
Trading volume is down nearly 20%, signaling cautious optimism—a setup seen in past rallies.
Want more insights from the wider crypto sector? Visit CoinMarketCap or check alternative analysis via CoinDesk.
How Can Investors Prepare for the Next Bitcoin Surge?
1. Watch for Technical Confirmation: Keep an eye on moving averages and resistance breakouts.
2. Stay Updated: Monitor policy news from both the U.S. and influential figures like Musk.
3. Manage Risk: Use stop losses and diversify your crypto portfolio to weather future volatility.
4. Follow Reliable Sources: Check platforms such as Binance for trading tools and market news.
Don’t just watch the fireworks—take action.
—
Bitcoin Bull Run Survival Checklist:
– [ ] Review Bitcoin charts for the latest “Golden Cross” confirmation
– [ ] Set price alerts at $130,000 and $170,000
– [ ] Follow updates on potential U.S. regulations
– [ ] Research predictions from multiple expert sources
– [ ] Use secure exchanges and enable two-factor authentication
The crypto market is bracing for its next move. Will you seize the opportunity or watch from the sidelines?