{"id":53901,"date":"2025-06-09T03:30:14","date_gmt":"2025-06-09T03:30:14","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-trades-near-107k-despite-national-guard-deployment-in-los-angeles\/"},"modified":"2025-06-09T03:30:14","modified_gmt":"2025-06-09T03:30:14","slug":"bitcoin-trades-near-107k-despite-national-guard-deployment-in-los-angeles","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-trades-near-107k-despite-national-guard-deployment-in-los-angeles\/","title":{"rendered":"Bitcoin trades near $107K despite national guard deployment in Los Angeles"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-2-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-2-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-2-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-2-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li><span class=\"ng-star-inserted\">Bitcoin (BTC) climbed towards $107K over the weekend, trading around $106,332 despite U.S. domestic unrest.<\/span><\/li>\n<li><span class=\"ng-star-inserted\">President Trump deployed 2,000 National Guard troops to Los Angeles amid an immigration-related standoff.<\/span><\/li>\n<li><span class=\"ng-star-inserted\">BTC showed strong support at $105,400 and broke resistance around $106,100 with strong volume.<\/span><\/li>\n<\/ul>\n<p><span class=\"ng-star-inserted\">Bitcoin (BTC) continued its steady ascent over the weekend, trading above $105,623.12 and pushing towards the $107,000 mark, even as domestic tensions escalated in the United States, notably in Los Angeles. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The cryptocurrency market appeared largely unfazed by the unsettling headlines, showcasing a degree of resilience that underscores its growing perception as a hedge against uncertainty.<\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The backdrop to Bitcoin\u2019s steady performance was a significant immigration-related standoff in Los Angeles. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">According to a report by CNBC, the situation saw over 100 arrests as clashes persisted between protesters and federal agents. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This prompted President Trump to authorize the deployment of 2,000 National Guard troops to the area. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">By Sunday morning, elements of the 79th Infantry Brigade had arrived on-site, as confirmed by Northern Command. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The potential for further escalation was highlighted by Defense Secretary Pete Hegseth, who warned that US Marines stationed at Camp Pendleton could also be mobilized if the violence continued.<\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Despite these significant domestic developments, Bitcoin\u2019s price action remained remarkably stable, hovering around $106,332 by Sunday. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This suggests that crypto investors are, for now, treating the unrest as a localized regional event rather than a systemic crisis capable of derailing the digital asset market.<\/span><\/p>\n<h2 class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Technical picture: consolidation with bullish undertones<\/span><\/h2>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Bitcoin traded within a relatively narrow range over the weekend, fluctuating approximately $1,057 between a low of $105,043 and a high of $106,101, before pushing to its current level around $106,332. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The price demonstrated a strong rebound after a brief dip below $105,100, with buying interest re-emerging robustly around the $105,400 support level, according to CoinDesk Research\u2019s technical analysis model.<\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">An early attempt to break out above the $106,100 mark encountered selling pressure, which created a high-volume resistance zone. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">While this upward move was initially short-lived due to some profit-taking, Bitcoin managed to hold onto its gains. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The overall consolidation structure remains bullish, with a consistent pattern of higher lows hinting at the potential for a sustained push towards the $107,000 level, should the immediate resistance break cleanly. <\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This tendency for Bitcoin to attract buyers during dips, despite broader macroeconomic headwinds, further underscores its perceived role as a hedge in times of rising uncertainty.<\/span><\/p>\n<h2 class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Key technical levels and market dynamics<\/span><\/h2>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">A closer look at the technical indicators provides further insight into Bitcoin\u2019s recent price action and potential near-term movements:<\/span><\/p>\n<ul class=\"ng-star-inserted\">\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Trading range:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0BTC traded within a $1,288 range (representing 1.22% of its value) between a low of $105,043.65 and a 24-hour high of $106,332.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Resistance break:<\/span><\/strong><span class=\"ng-star-inserted\"> Initial resistance observed around the 105,900\u2013<\/span><span class=\"ng-star-inserted\">106,100 zone was decisively broken as prices surged beyond this area with strong trading volume during the early afternoon.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Support holds:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0The support level at $105,400 held firm despite several retests, reinforcing the prevailing bullish sentiment in the market.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Breakout and stabilization:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0A clear breakout to $106,332 occurred around 13:48, which was followed by minor profit-taking activity before the price stabilized above the $106,000 mark.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Ascending trend:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0The hourly chart reveals an ascending trend characterized by consistent higher lows, a pattern that invalidates earlier interpretations of a \u201cpump and dump\u201d scenario.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Next target:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0With current momentum intact, market analysts suggest that BTC may test the $107,000 resistance level, provided that the current support near $105,800 continues to hold.<\/span><\/p>\n<\/li>\n<\/ul>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This technical picture, combined with Bitcoin\u2019s apparent decoupling from localized domestic strife, paints a cautiously optimistic outlook for the leading cryptocurrency as it navigates a complex global landscape.<\/span><\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-2.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/btc-price-holds-steady-above-106k-amid-us-domestic-tensions-eyes-107k-resistance\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin (BTC) climbed towards $107K over the weekend, trading around $106,332 despite U.S. domestic unrest. President Trump deployed 2,000 National Guard troops to Los Angeles amid an immigration-related standoff. BTC showed strong support at $105,400 and broke resistance around $106,100 with [&hellip;]<\/p>\n","protected":false},"author":3947362378,"featured_media":53902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53901"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362378"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=53901"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/53901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/53902"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=53901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=53901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=53901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}