Crypto market shaken by Musk-Trump feud, but look for bullish engulfing setups

BTC Prints TBO Close Long After -3% Drop

BTC pulled back 3% yesterday and printed a daily TBO Close Long 🔷, which usually signals a retrace to the TBO Fast line—currently around $104.6k. Volume exceeded the yellow MA, but OBV remains flat, and RSI nearly triggered a reset. The culprit? A public online feud between Elon Musk and Donald Trump over the new budget bill—rattling markets, especially DOGE holders. This political chaos dragged BTC back into the daily TBO Cloud, entering “bearish consolidation” mode. While the dump feels dramatic, the TBT Stop Loss Hunting Alert has been firing for 10 days—this volatility was well-telegraphed.

A close-up of a bitcoin and ethereum  AI-generated content may be incorrect.

ETH Sees Bigger Drop but Holds…

Source link