Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Ethereum Price Analysis: Is $3K In Sight for ETH This Month?

June 9, 2025

The Blockchain Group Starts 300M-Euro ATM Share Sale to Expand Bitcoin Holdings

June 9, 2025

Is the NFT Wind Coming Back? NFT Platform OpenSea Reaches Its Last 2-Year High in Transaction Volume! Here Are the Details

June 9, 2025

Ethereum Gains $1.93B in Stablecoin Inflows as DeFi and DEX Activity Intensify

June 9, 2025

Why XRP, Solana and DOGE May Be Next on the SEC’s Approval List

June 9, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    Ethereum Price Analysis: Is $3K In Sight for ETH This Month?

    June 9, 2025

    Snorter Token Trading Bot to Explode?

    June 9, 2025

    World Governments Are Issuing More Debt Than Ever, Will Bitcoin Benefit?

    June 9, 2025

    These Altcoins Pop as Bitcoin Battles to Reclaim $106,000 (Market Watch)

    June 9, 2025

    3 Reasons Why Pi Network’s (PI) Price Could be in Danger

    June 9, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Bitcoin » Bitcoin Pushes Toward $107K Even as Trump Sends National Guard to Los Angeles
Bitcoin

Bitcoin Pushes Toward $107K Even as Trump Sends National Guard to Los Angeles

Crypto Observer StaffBy Crypto Observer StaffJune 9, 2025No Comments2 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin (BTC)

BTC$106,305.83

maintained a steady climb Saturday as U.S. domestic tensions intensified.

Markets remained focused on crypto resilience despite unsettling headlines, including an immigration-related standoff in Los Angeles.

According to a report by CNBC, over 100 arrests have been reported as clashes continued between protesters and federal agents, prompting President Trump to authorize the deployment of 2,000 National Guard troops. By Sunday morning, elements of the 79th Infantry Brigade had arrived on-site, according to Northern Command.

Further escalation came with Defense Secretary Pete Hegseth warning that U.S. Marines at Camp Pendleton could also be mobilized if violence persists. Still, Bitcoin’s stability at $106,332 suggests crypto investors remain unfazed, treating the unrest as a regional event rather than a market-moving crisis.

Bitcoin traded within a narrow $1,057 range, from $105,043 to $106,101, and is currently hovering at $106,332. The price action showed a strong rebound after briefly dipping below $105,100, as buying interest re-emerged around the $105,400 support level, according to CoinDesk Research’s technical analysis model.

An early breakout attempt above $106,100 ran into selling pressure, creating a high-volume resistance zone. That move was short-lived as profit-taking set in, though the coin held onto its gains. The consolidation structure remains bullish, with the pattern of higher lows hinting at a potential push toward $107,000 if resistance breaks cleanly.

Despite broader macro headwinds, BTC continues to attract buyers during dips, underscoring its role as a perceived hedge amid rising uncertainty.

Technical Analysis Highlights

  • BTC traded within a $1,288 range (1.22%) between a low of $105,043.65 and a 24-hour high of $106,332.
  • Resistance around $105,900–$106,100 was broken as price surged beyond this zone with strong volume during the early afternoon.
  • Support at $105,400 held firm through several retests, reinforcing bullish sentiment.
  • A breakout to $106,332 occurred around 13:48, followed by minor profit-taking and stabilization above $106,000.
  • The hourly chart shows an ascending trend with consistent higher lows, invalidating the earlier “pump and dump” interpretation.
  • With momentum intact, BTC may test the $107,000 resistance level if current support near $105,800 holds.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

Read the full article here

Bitcoin News
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The Blockchain Group Starts 300M-Euro ATM Share Sale to Expand Bitcoin Holdings

June 9, 2025

SUI gears up for recovery as technical signals hint at breakout move

June 9, 2025

Bitcoin on the edge between US monetary policy and Trump’s moves

June 9, 2025

Trump family makes peace with wallet team post-public fallout

June 9, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Ethereum Price Analysis: Is $3K In Sight for ETH This Month?

June 9, 2025

The Blockchain Group Starts 300M-Euro ATM Share Sale to Expand Bitcoin Holdings

June 9, 2025

Is the NFT Wind Coming Back? NFT Platform OpenSea Reaches Its Last 2-Year High in Transaction Volume! Here Are the Details

June 9, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Snorter Token Trading Bot to Explode?

June 9, 2025

World Governments Are Issuing More Debt Than Ever, Will Bitcoin Benefit?

June 9, 2025

These Altcoins Pop as Bitcoin Battles to Reclaim $106,000 (Market Watch)

June 9, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.