Bitcoin Has Surged Past a Critical Resistance Level Following the Announcement of the U.S. Strategic Crypto Reserve
Bitcoin is making waves again, breaking through a major resistance point at $97,500, as shown in recent charts circulating on X. The catalyst? The U.S. Strategic Crypto Reserve announcement, a bold move initiated by President Donald Trump in January 2025.
Trump’s directive to explore a national stockpile of cryptocurrency—potentially tapping into $21 billion in seized digital assets—has sent a clear signal to markets: the U.S. is serious about crypto. This isn’t just noise; it’s a policy shift that’s driving Bitcoin’s momentum. With trading data highlighting support below and resistance above, the bulls are in control—for now. Could this be the start of a new era for crypto adoption? Time will tell, but the market’s reaction speaks volumes.
