Bitcoin has remained steady above $105,000 despite heightened tensions in the public feud between Donald Trump and Elon Musk. On June 7, 2025, Trump suggested that serious repercussions would follow if Musk supported Democratic candidates opposing Republicans. Despite this political drama, Bitcoin demonstrated strong resilience, climbing 1.13% in 24 hours, reaching $105,786 after starting at $104,624. The cryptocurrency displayed bullish volume, signaling investor confidence amidst the turmoil. Technical analysis indicates strong support at $104,800 and a break of resistance at $105,200, which has now become a short-term support zone. Traders appear to view Bitcoin as a potential safe haven against institutional unrest and political discord, as it maintains its value close to weekly highs. The analysis also points out significant trading activity during key breakout moments, reflecting ongoing buyer interest in Bitcoin even as traditional markets may be affected by political factors.

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