Bitcoin Rallies After Weekend Drop, Recovers Above $105K

Bitcoin Rebounds Above $105K in Market “Reset” After Weekend Dip

Crypto Gains Marginally Amid Equity Market Jitters

Bitcoin (BTC) is trading 0.4% higher at $105,313, recovering from recent losses after briefly falling to a nearly two-week low over the weekend. According to Tredu data, the digital asset hit a 5-day peak of $106,547 during today’s session.

Saxo Bank: Rally Driven by Technical Reset, Not Risk Aversion

While equity markets remain pressured by ongoing global trade-policy uncertainty, Saxo Bank analysts argue that Bitcoin's latest move isn't a traditional safe-haven play.

“Crypto markets are not showing signs of significant inflows from risk-off sentiment,” Saxo noted. “This rebound looks more like a technical reset after last week's sharp sell-off.”

Market Still Cautious Despite Rebound

The recent uptick in BTC has not yet triggered broader bullish sentiment across other crypto assets, suggesting traders remain cautious. Bitcoin continues to trade within a broader consolidation range, with resistance near $107,000 and support at $102,500.

Related Tredu Insights:

• BTC Technical Outlook: Is $110K Still in Play?
• Crypto vs. Equities: How Risk Sentiment Shapes Both
• Top 5 Factors Moving Bitcoin in June 2025