• Bitcoin climbed above $95,490 Monday forward of Trump’s 100-day speech, eyeing coverage readability.
• Potential affirmation of a US Bitcoin strategic reserve may very well be a significant catalyst in direction of $100K.
• Bitcoin exhibits resilience (YTD +5.6%) vs. US shares (YTD -5%) amid tariff uncertainty, boosting safe-haven attraction.

Bitcoin demonstrated renewed power on Monday, climbing again above the numerous $95,000 mark because the broader monetary markets turned their focus in direction of President Donald Trump’s upcoming 100-day coverage evaluate speech.

Amidst a posh macroeconomic backdrop formed by Trump’s second time period insurance policies, on-chain knowledge displaying vital Bitcoin withdrawals from exchanges added gas to bullish sentiment, prompting hypothesis a few potential push in direction of the $100,000 milestone.

Anticipation builds forward of Trump’s 100-day evaluate

After a interval of consolidation, Bitcoin costs pushed increased, reaching ranges above $95,490 in response to CoinGecko knowledge, marking an 0.8% acquire over 24 hours and reflecting a strong 8.9% improve week-over-week.

This price motion mirrored positive factors seen in US fairness markets, significantly amongst high know-how shares, as buyers awaited readability from Trump’s tackle.

Crypto-related insurance policies have been a notable characteristic of Trump’s second time period to this point, and market members are significantly eager for updates on proposals just like the potential creation of a US Bitcoin strategic reserve.

A definitive announcement confirming the strategic reserve initiative may function a robust catalyst, probably triggering a speedy (“parabolic”) transfer in direction of and past $100,000.

Conversely, renewed emphasis on aggressive tariff methods or drastic funds cuts within the speech may dampen total market sentiment, probably capping Bitcoin’s near-term upside regardless of its current resilience.

Macro crosscurrents: tariffs, inflation, and Fed stress

The primary 100 days of Trump’s time period have been marked by distinct coverage developments influencing market dynamics.

Whereas US inflation has continued its downward pattern (falling from a 9.1% peak in 2022 to 2.4% in March 2025, per TradingEconomics), Trump’s continued advocacy for tariffs – measures broadly warned by economists as probably inflationary – creates pressure.

The President has claimed victory over inflation whereas concurrently pushing for insurance policies that might reignite price pressures.

This backdrop informs Trump’s not too long ago intensified requires the Federal Reserve to chop rates of interest, together with public stress and threats geared toward changing Fed Chair Jerome Powell.

Whereas these pronouncements have sparked market hypothesis, knowledge from the CME FedWatch device nonetheless signifies a dominant (90.1%) chance that the Fed will preserve present charges at its upcoming Could 7 FOMC assembly.

Nonetheless, the administration’s deal with tariffs (“impose across-the-board tariffs on most foreign-made goods”) continues to inject uncertainty into US inventory markets.

This uncertainty seems to be bolstering Bitcoin’s narrative as a possible safe-haven asset, comparatively insulated from direct geopolitical commerce spats and provide chain disruptions.

Notably, Bitcoin has posted year-to-date positive factors of 5.6%, contrasting with declines seen within the S&P 500 and Dow Jones indices (down 5% YTD) throughout the identical interval.

Ought to Trump’s insurance policies proceed to foster volatility in conventional monetary (TradFi) markets, Bitcoin’s perceived resilience may entice additional capital inflows.

On-chain flows sign accumulation?

Including weight to the bullish case is compelling on-chain knowledge indicating vital Bitcoin motion off cryptocurrency exchanges.

Evaluation from CryptoQuant reveals that buyers have withdrawn over $4 billion value of Bitcoin from tracked trade wallets since Trump’s current requires fee cuts started round April 22.

Complete trade reserve balances reportedly fell from $237.8 billion to $233.8 billion throughout this era.

This pattern of cash leaving exchanges is commonly interpreted bullishly, because it suggests buyers are transferring Bitcoin into non-public storage (“cold wallets”) for longer-term holding slightly than maintaining it available on the market on buying and selling platforms.

This discount in simply accessible provide, coupled with probably regular or rising demand triggers (just like the safe-haven narrative or strategic reserve information), strengthens the argument for a possible price breakout.

Bitcoin exams $95K resistance, eyes $100K breakout

With demand elements seemingly lively and trade provide tightening, the technical image comes into sharp focus. Bitcoin is at the moment testing the numerous resistance zone round 95,000−95,500.

Efficiently overcoming and holding above this stage is seen as essential for confirming the following leg increased.

The $100,000 psychological milestone stays the important thing upside goal within the close to time period, with the confluence of macro uncertainty, potential coverage catalysts from Trump’s speech, and supportive on-chain knowledge suggesting the stage may very well be set for such a transfer.