The announcement by US President Donald Trump that the country will continue to build a strategic crypto reserve policy has brought strong buying pressure on Bitcoin. Following the statement, BTC gained over 7% in value, surpassing $94,000 and moving one step closer to historic highs. On-chain data indicates that the surge is mainly driven by spot purchases, signaling an organic rise rather than a speculative move. The decrease in open positions in futures confirms a dominance of direct buying transactions in the market, with the evaluation that new peaks could be reached if Bitcoin maintains its upward momentum.

Bitcoin (BTC) displayed a robust surge following US President Donald Trump’s announcement that the country will continue to build a strategic crypto reserve. Within the last hour, Bitcoin gained over 7%, surpassing $94,000 and moving one step closer to historic highs. This increase represents a 19% recovery from the recent lows of $78,000.

“ORGANIC RISE OCCURRED” On-chain data suggests that the price increase in Bitcoin is significantly supported by spot demand and shows signs of an organic rise rather than a speculative move. Spot Cumulative Volume Delta (CVD) indicates that buyers have aggressively entered the market, with spot inflows exceeding $200 million in the last hour. Open positions in futures decreased during the day, confirming that price movement is fueled by direct buying transactions rather than leverage-based speculation.

RISE AFTER TRUMP’S STATEMENT Bitcoin’s surge is directly linked to Trump’s statements. The President’s expression of developing a stronger reserve strategy for the US in crypto assets increased investors’ interest in Bitcoin. The remarks created a new wave of confidence, especially for institutional investors and long-term buyers, leading to an increase in buying transactions in the spot market.

STABLE IN THE LONG RUN The sideways movement of open interest in futures and the prominence of spot transactions indicate that the market is driven predominantly by demand rather than leveraged activities. This is often perceived as a fundamental sign of a sustainable bull market. In previous uptrend cycles, strong spot purchases in the market led to Bitcoin price entering a long-term stable rally.

TENDING TOWARDS NEW HIGHS From a technical analysis perspective, breaking the $91,000 level for Bitcoin suggests that the upward momentum could continue. While short-term investors may face high volatility, there is seen strong spot demand supporting the price for medium and long-term investors. If spot purchases continue and leverage rates remain low in futures, the possibility of Bitcoin maintaining its current levels and heading towards new highs could strengthen. The cryptocurrency market showed broader movement following Trump’s statements, with Ethereum (ETH) and other major altcoins also gaining value parallel to Bitcoin’s rise. However, considering Bitcoin’s market dominance, the price movement is largely centered around the leading crypto asset.