Why the bitcoin price increases? The executive order for Trump Crypto Rallly can raise $ 150,000 in March

Bitcoin has recovered by 10 % in the past 48 hours, as it prepared lands more than 85,000 dollars on Sunday, March 2, after declining to the lowest level in 120 days at about 78,200 dollars on Friday. The main technical indicators indicate that BTC can have a positive start until March 2025.

Why does Bitcoin rise today?

Bitcoin increased by 10 % during the weekend, largely driven by President Trump’s executive order to progress in the strategic reserve for encryption and benefit from investors in the market last week. This step coincided with an imminent imposition of definitions on Canada and Mexico on the first of March, which increased the demand as the traders expected the role of BTC as a hedge against total economic uncertainty.

Bitcoin (BTC) makes a height of $ 90,000 with bulls below

After getting rid of 25 % of its value in February, Bitcoin found relief during the weekend as strategic buyers entered the market. The low prices reached its lowest point on February 28, as it decreased to the lowest level in 120 days at 78200 dollars.

Trump’s decision to impose a tariff on imports from Canada and Mexico has sparked a global decline in the capital of risk assets, which led to declines from two numbers in major indicators such as S&P 500 and Nikkei in Japan and DAX in Germany in the week leading to the date of the implementation of the customs tariff on March 1.

It is worth noting that the price of Bitcoin reached February 28, when the prices fell to the lowest period of 120 days by about 78,200 dollars.

The market data that was observed during the weekend shows that strategic investors have passed down to buy in the main assets on the doorstep of the tariff on March 1. Consequently, BTC PRICE received a large boost, climbing from its lowest level for 120 days registered on Friday, to close the trading on Saturday above 85,000 dollars.

Trump gives the green light to the strategic reserve for encryption

After recovering the level of $ 86,000 in the early European trading, Bitcoin witnessed another increase as US President Donald Trump issued an executive order specifying a strategic coding reserve.

According to an official announcement of Trump’s owned Social truth platformBitcoin (BTC), Solana (SOL), Ripple (XRP) and Cardano (ADA) will reflect a diverse approach to American digital asset holdings. This decision is in line with Trump’s broader position, and indicates the official recognition of digital assets within the American financial system.

Within an hour of Trump’s announcement, Bitcoin increased by an additional 3 %, over a period of $ 91,000 at the time of the press on Sunday 2 March.

How will Trump’s strategic reserve affect the BTC price?

With a braid from countries like El Salvador and Patan, which integrated Bitcoin into its national public budgets, many analysts expected BTC to be exclusive assets in the American reserve.

However, Trump’s decision to include Sol, XRP and Ada reduces the risk of focus while allowing the United States to take advantage of the unique value proposals for each project.

Long -term gains to reduce the short term decrease in the dominance of BTC Market

By spreading capital through four encryption assets, BTC is expected to see less bullish than if it was the only origin. While this may temporarily reduce the dominance of Bitcoin market, long -term gains from a stronger and more flexible sector may lead

In the short term, Bitcoin can witness a brief decrease in the share of the relative market as the capital flows to the newly covered assets. However, the broader legitimacy granted by the US -backed reserve is likely to enhance institutional confidence, which leads to the consolidation of the long -term growth of Bitcoin.

BTC price expectations: $ 100,000 before short traders folded Trump’s construction

Last week, Bitcoin Price PRICE has now tended to rise, as technical indicators indicate a possible outbreak of more than $ 100,000 as short traders face increased pressure. The 12 -hour graph reveals 16.84 % in a slightly more than two days, with BTC climbing from the lowest level of $ 78,200 to recover 90,558 dollars.

This recovery is in line with an increase in trading volume, indicating the renewal of the investor confidence. The MACD index crossed an export, with a broken MACD blue line over the signal line, indicating a transformation in the momentum.

With Bitcoin prices approaching the main Suppptort levels near $ 100,000, short traders who have benefited from a sharp decline in February put strong resistance, given that the current active bitcoin price stimulus gets support for the United States government.

Although it is unlikely a declining scenario if BTC fails to close it over $ 88,000, which leads to a new wave of filters. However, the momentum prefers buyers, and with the relaxation of short pants, BTC can exceed 95,000 dollars before testing the psychological level of $ 100,000.

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