Bitcoin Reclaims the Narrative

It was a successful weekend for Bitcoin, which built on Friday’s momentum despite a quiet macro backdrop. Price action did exactly what it needed to, reclaiming the entire Trump vs Musk pullback and restoring confidence among bulls.

As for the Trump vs Musk saga itself, it seems to have reached a definitive rupture. Trump declared his relationship with Musk is “over” and claimed he has “more serious things to do than talk to Elon,” even going as far as to issue threats if Musk finances the Democrats. While it makes for a headline-worthy feud, markets have already moved on. After the initial pullback, the dust has settled, and the market is now acting independently of this drama.

More significantly, Bitcoin has not only regained bullish momentum, it’s created a higher high and flipped structure back in favour of the bulls, completing a textbook V-shaped reversal. This shift comes at a critical time, with CPI inflation data due later this week and a new round of China–US trade talks scheduled to resume. Bitcoin has now positioned itself firmly ahead of a potentially volatile macro week.

TAO rode Bitcoin’s momentum over the weekend, reclaiming two key moving averages and trading above levels seen prior to the Trump–Musk fallout. Now back inside a pivotal price range, TAO must hold and reclaim the 21EMA to the bulls hope. If successful, bulls will likely target the recent lower high around $440.

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