Trump says that the United States will be “Bitcoin super power” as it breaks the price of BTC for 4 months

Bitcoin (BTCHe sought to strengthen the highest support in the Wall Street championship on March 20, with the outbreak of the bulls from the main declining direction.

Trump pledged to make us “Bitcoin Customer Power”

Data from Cointelegraph Markets Pro and Tradingvief BTC/USD showed a return above $ 86,000.

It is now in the daily open, Bitcoin continued to build on the strength that came the day before Encouraging macroeconomic signals From the American Federal Reserve.

Rumors of an additional advertisement on encryption by the US government administration helped BTC price measures to reach flat levels for two weeks.

President Donald Trump was scheduled to make virtual notes on the third day of the BlockWorks Digital Asset Summit 2025 event in New York.

Trump has multiplied his pledge not to sell Bitcoin US, as well as end regulatory mechanisms such as CokkePoint 2.0. No new information has been delivered on BTC purchases.

He said:

“We will make together America undisputed the power of Bitcoin and the capital of encryption in the world.”

https://www.youtube.com/watch?

In doing this, BTC/USD has regained two main intermediate lines, including a 200 -day simple moving average (SMA), a major support component during Taurus markets.

The current, famous and circulating analysis of the Rekt Capital analyst focused on a similar restoration of the 200 -day SIA moving average (EMA).

“Bitcoin recently closed daily above 200 EMA and is now about to re -test it for new support.” books In part of his last content on X, the trend line described as “a long -term scale of investor morale towards BTC.”

A More x post It revealed a more impressive achievement than Bulls, as the daily chart showed a break from the declining direction on the Bitcoin (RSI) relative (RSI) index – something in its place since November 2024.

“Bitcoin has broken the RSI daily, which dates back to November 2024,” confirmed Rekt Capital.

Analysis: The markets may “wake up” to Fed Hawkish

Continuing the macro image, the QCP Capital trading company was great in expectations.

Related to: The peak “FUD” hints to 70 thousand dollars – 5 things that must be known in Bitcoin this week

She warned that the initial assets were bounced in the back of the Federal Reserve decision could be easily reflected.

“Besides immediate excitement, the federal reserve bank tone was significantly cautious. Politics manufacturers have reduced economy growth expectations to 1.7 % (a decrease of 0.4 %), while raising inflation expectations to 2.8 %, indicating an increased risk of stagnation”, written in the latest bulletin to Telegram subscribers.

“In addition, the Federal Reserve Point plot revealed a more honest transformation than one in December, where the number of officials expects that there is no price cuts in 2025 to four.”

Latest data from the CME’s collection Fedwatch tool Markets retaining Bahl showed the interest rate discounts that occur early in June.

“Will the gathering continue, or will investors wake up to the fact that the risks remain in playing firmly?” QCP inquire.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.