Trump Declares US Will Become ‘Bitcoin Superpower’ as BTC Price Ends 4-Month Decline
Bitcoin (BTC) surged above $86,000, breaking a four-month downtrend, following bullish remarks from former President Donald Trump. Speaking virtually at the Blockworks Digital Asset Summit 2025, Trump pledged to position the United States as the leading global “Bitcoin superpower.”
Trump’s Crypto-Friendly Stance Boosts Bitcoin
In his speech, Trump emphasized his commitment to fostering a crypto-friendly environment in the U.S., promising to end restrictive regulatory measures such as Operation Chokepoint 2.0 and reaffirming his stance against selling confiscated Bitcoin holdings.
“Together we will make America the undisputed Bitcoin superpower and the crypto capital of the world.”
Trump’s remarks coincided with Bitcoin reclaiming critical technical levels, including the 200-day simple moving average (SMA) and exponential moving average (EMA), signaling renewed bullish sentiment among investors.
Technical Indicators Signal Bullish Momentum
Analysts highlighted significant technical developments supporting Bitcoin’s bullish outlook:
- BTC/USD reclaimed the 200-day SMA and EMA, key indicators of long-term investor sentiment.
- Bitcoin’s Relative Strength Index (RSI) broke a downtrend dating back to November 2024, indicating strengthening momentum.
Popular analyst Rekt Capital noted:
“Bitcoin has most recently Daily Closed above the 200 EMA and is now retesting it into new support.”
Market Caution Amid Hawkish Fed Signals
Despite the positive momentum, trading firm QCP Capital urged caution, highlighting potential macroeconomic headwinds:
- The Federal Reserve downgraded economic growth forecasts and raised inflation expectations, signaling stagflation risks.
- The Fed’s latest dot plot indicated a more hawkish stance, with more officials forecasting no rate cuts in 2025.
QCP Capital warned investors:
“Will the rally sustain, or will investors wake up to the reality that risks remain firmly in play?”
Key Points:
- Bitcoin price surpasses $86,000, ending a four-month decline.
- Trump pledges to make the U.S. a global Bitcoin leader.
- BTC reclaims critical technical indicators, signaling bullish momentum.
- Analysts caution investors about potential macroeconomic risks from the Fed.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
