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TechFlow news, June 9 — According to The Block, Bitcoin's price has recovered to above $105,000 after a brief dip caused by public discord between U.S. President Trump and Elon Musk. Dominick John, analyst at Kronos Research, noted that while trading above $105,000 indicates strength, the structure remains fragile, with markets in a wait-and-see mode and susceptible to significant moves in either direction based on major news.
According to The Block, Bitcoin prices have recovered to above $105,000 after a brief dip caused by public discord between U.S. President Trump and Elon Musk. Dominick John, analyst at Kronos Research, pointed out that while trading above $105,000 indicates strength, the structure remains fragile and the market is in a wait-and-see state, potentially fluctuating in either direction due to major news.
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