#特朗普数字资产峰会发言 Trump's statement has sparked a recovery in Bitcoin prices, and traders remind to stay flexible and well-funded.

As the Cb premium reappears, and the positive remarks from the Federal Reserve and President Trump have boosted traders' confidence, the Bitcoin price remains stable around $85,000.
The price of Bitcoin (BTC) rose to an intraday high of $87,453 during the early hours of the New York trading session, but shortly after U.S. President Trump delivered a video speech at the New York Digital Assets Summit, it quickly retraced its gains, dropping to $83,655.
Before Trump delivered his video speech, some rumors circulated on platform X, claiming that President Trump would announce a capital gains tax exemption for certain cryptocurrencies or release a positive statement regarding the United States' strategic Bitcoin reserves. To the disappointment of some traders, neither of these rumors came true.
Trump reiterated his commitment not to sell Bitcoin seized by the government and called on Congress to swiftly establish clear stablecoin legislation.
President Trump’s most positive statement was his reaffirmation of the goal to make the United States a leader in all cryptocurrency areas. "Together, we will make America the undisputed Bitcoin superpower and the global cryptocurrency capital." As is often the case in the cryptocurrency market, traders evidently fell for rumors that Trump would issue some kind of executive order statement supporting Bitcoin, and once it became clear that this was not the case, they sold off Bitcoin based on that news.
Certified market technician Aksel Kibar posted on platform X that the Bitcoin price may still pull back to $73,700.
Kibar stated: "The long-term chart for Bitcoin/USD shows that there is still a possibility of a pullback to the previously broken price level of $73,700. The upcoming trend will determine the price movement in the coming months."
The recent rise in Bitcoin is not entirely attributed to expectations regarding Trump's statement today.
On March 19, Bitcoin responded positively to the release of the Federal Open Market Committee (FOMC) meeting minutes and the news that Federal Reserve Chairman Jerome Powell confirmed the slowdown of the Fed's quantitative tightening policy, with the possibility of two rate cuts still in 2025.
Arthur Hayes, co-founder of Bit, expressed his congratulations on what he believes is the Federal Reserve's acknowledgment that the quantitative tightening policy will essentially end on April 1. However, he warned that although $77,000 may be the price bottom for Bitcoin, unexpected volatility could bring more downward pressure on stocks and Bitcoin.
Hayes said, "JAYPOW has done it, the quantitative tightening policy basically ends on April 1. What we really need to be excited about next is either getting a Supplementary Leverage Ratio (SLR) exemption or restarting Quantitative Easing (QE). Is $77,000 the bottom for Bitcoin? It could be. But stocks may still experience more pain before Jay fully aligns with Trump's camp, so it's important to stay flexible and hold cash."
According to Cointelegraph, the recent price movements of Bitcoin have been largely driven by trading activities in the futures market, but the reappearance of a premium for Bitcoin on the Cb platform may be a sign that demand in the spot market is returning.