From ‘Bitcoin is a scam’ to ‘crypto president’ – Why did Trump pivot bullishly in 2025?

AMB CryptoMay 194 min readSingle source

The gist

5-point summary · 1 min

Infamously, in 2021, Trump had dismissed Bitcoin [BTC] against the USD in an interview with Fox Business, saying that it – Seems like a scam.
This unexpected transition has raised a critical question: Is Trump’s crypto vision a wise masterstroke or just a politically calculated mirage?
In July 2025, Trump passed the GENIUS Act, successfully establishing the first federal regulatory framework for the $323.379 billion stablecoin market.
While Trump publicly embraces financial freedom for Americans, his crypto ventures appear like political clout that enhances his wealth rather than showcasing a sincere belief in decentralization.
The turning point This was happening at a time when Chainalysis data estimated that the global cryptocurrency activity rose significantly between Q4 2023 and Q1 2024.

$323.379 billionMarch 2025July 2025Q4 2023Q1 2024

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In this article

On the 20th of January, 2025, Donald Trump took office as the 47th President of the United States and was simultaneously crowned the “crypto president.” His second term was an unapologetic shift from being a critic to an enthusiast. Infamously, in 2021, Trump had dismissed Bitcoin [BTC] against the USD in an interview with Fox Business, saying that it – Seems like a scam. Fast forward to today, President Trump is now known for his crypto ventures, including World Liberty Financial, the WLFI token, and the TRUMP memecoin. This unexpected transition has raised a critical question: Is Trump’s crypto vision a wise masterstroke or just a politically calculated mirage? The masterstroke argument To begin with, Trump did open the floodgates for digital finance. In March 2025, he issued an executive order directing the creation of a Strategic Bitcoin Reserve and the retention of the forfeited BTC in criminal and civil proceedings. He also had the intention of making the U.S. the “Crypto Capital of the World,” for which he declared that the reserve would also comprise Solana [SOL], Cardano [ADA], Ripple [XRP], and Ethereum [ETH]. With this move, Trump saved millions of dollars from entering a supply shock pit. In July 2025, Trump passed the GENIUS Act, successfully establishing the first federal regulatory framework for the $323.379 billion stablecoin market. The Fed’s pursuit of a surveillance-heavy CBDC, which would have unavoidably prohibited interaction with decentralized smart contracts, was sabotaged by Trump. Source: DeFiLlama Lastly, though the CLARITY Act has yet to reach the president’s desk, Trump has already been confident about it, as he has asserted, The U.S. needs to get Market Structure done, ASAP. Americans should earn more money on their money. Therefore, on paper, this is unquestionably a masterstroke in which Trump has successfully taken the crypto market from restrictions to expansion. Supporting evidence for mirage On the flip side, however, his pro-crypto vision is tarnished by stains of personal gain. While Trump publicly embraces financial freedom for Americans, his crypto ventures appear like political clout that enhances his wealth rather than showcasing a sincere belief in decentralization. Democratic Senator Elizabeth Warren had also expressed grave concerns about the obvious possibility of conflicts of interest when she said, All SEC decisions and actions involving (Trump Media & Technology Group) and President Trump’s financial interests should be carefully managed to ensure that they are free from undue political interference and influence from the President and his administration. Even more recently, Justin Sun, the founder of TRON, attacked Trump’s World Liberty Financial by saying, World Liberty embedded a backdoor blacklisting function in the smart contract used to deploy WLFI tokens. This remark came in as the project’s core team had imposed a unilateral control over wallets, limited asset transfers, and effectively deprived token holders of their property rights without prior notice. All in all, Trump had created a centralized fintech app that was disguised as decentralized. On top of these, Trump’s multiple tariff shocks and “Operation Epic Fury” also took the crypto market by storm. Biden vs. Trump However, to make a clear choice between Masterstroke and Mirage, let’s scroll back to when Gary Gensler was the SEC chairman and Joe Biden was the U.S. president. Under President Biden and Chair Gensler, Washington had adopted a strict control and curtailment stance toward cryptocurrency. Lawmakers had publicly attacked SEC Gensler, criticising, We could not have had a more historically destructive or lawless chairman of the SEC. The turning point This was happening at a time when Chainalysis data estimated that the global cryptocurrency activity rose significantly between Q4 2023 and Q1 2024. The rise in activity had also surpassed the 2021 crypto bull market levels. Source: Chainalysis Hence, utilizing the opportunity, Trump, instead of reinforcing antiquated skepticism, had recognized the growth pattern in the crypto activity and hence provided the backup that the community had been longing for. However, it is also impossible to overlook the fact that the crypto community was actively supporting Trump’s 2024 election campaign. His return to Washington was made possible by millions of dollars that industry billionaires and crypto super PACs invested in pro-crypto campaigns. Yet, regardless of what the motivation may have been, Trump fulfilled his promises when he took office. Final Summary The Trump administration supported the wider adoption of digital assets with pro-crypto initiatives, such as the Strategic Bitcoin Reserve, GENIUS Act, and more. However, Trump’s involvement in cryptocurrency, which, according to his detractors, is closely linked to his own financial interests, is also raising eyebrows.

Integrity note · Xela does not rewrite or paraphrase article content. The excerpt above is the source publication's own words, sanitized for display. For the full piece — including any quotes, charts, or images — read it at AMB Crypto. Xela's rewritten version is off for this story, so there's no editorial angle attached — you're getting the source's reporting unfiltered. When the rewrite is on, we add a What this means block underneath with the operator/trader takeaway.

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Bitcoin stabilizes near $63,000, but reclaiming $64,000 is the real test Bitcoin is stabilizing near $63,100 after buyers defended the lower part of its recent range. That is constructive, but it is not yet a confirmed recovery. BTC must first overcome resistance near $63,175-$63,270, while reclaiming and holding $64,000-$64,095 remains the more important test. Key takeaways for Bitcoin traders and investors Current position: BTC is holding above the previous month’s lower value boundary near $62,380. Immediate resistance: Buyers need to clear $63,130-$63,175, followed by $63,247-$63,270. Main recovery test: A sustained reclaim of $64,000-$64,095 would carry much more weight than a temporary bounce near $63,000. Major support: The broader $62,380-$62,535 region remains the most important defended zone. Bullish confirmation: Repeated closes, consolidation or a successful retest above $64,095 would show that Bitcoin is beginning to establish higher accepted value. Data note: The latest daily, four-hour and one-hour candles were incomplete when this analysis was prepared. Exchange-specific Bitcoin prices may also differ slightly. I'm also closely monitoring the digital asset space after , putting immediate pressure on lower order-flow shelves as bulls fight to defend structural trendlines. Regulatory headwinds also resurfaced as the , injecting fresh institutional hesitation into active trading books. Meanwhile, broader risk sentiment showed divergence across asset classes as , underscoring rotational breadth away from mega-cap tech into small-cap momentum. Macro headwinds and geopolitical posturing remain front and center following headline chatter that , all while monetary policy uncertainty lingers after amidst baseline model variances. Why Bitcoin’s stabilization is constructive but incomplete Bitcoin recently fell to approximately $62,535, where the decline attracted meaningful buying. Price subsequently recovered toward $63,100, strengthening the case that buyers are willing to defend the lower part of the previous month’s trading range. What stands out to me, however, is how little upward progress followed that buying. Several periods showed positive buying pressure, but BTC remained concentrated around $63,050 and repeatedly struggled to extend beyond $63,150-$63,175. In simple terms, buyers have shown that they can slow the decline, but they have not yet shown that they can move Bitcoin into a clearly higher trading range. This is the difference between stabilization and recovery: Stabilization means sellers are no longer pushing price lower with the same ease. Recovery means buyers are lifting price, holding above resistance and shifting the market’s most active trading area higher. Bitcoin has shown the first condition. The second still needs confirmation. Why $62,380 and $64,095 matter The previous month’s value area provides a useful map of where most Bitcoin trading took place: Value Area Low near $62,380: The lower boundary of the previous month’s heavily traded range. Point of Control near $64,095: The price that attracted the most trading activity during the month. Value Area High near $65,050: The upper boundary of the previous month’s accepted range. BTC is currently about $720 above the monthly Value Area Low, but almost $1,000 below the monthly Point of Control. Holding above $62,380 tells us that demand inside the previous month’s range has not completely failed. Remaining below $64,095 tells us that buyers have not regained control of the broader value structure. This is also why $64,095 may be more important than $64,000 itself. The round number attracts attention, but $64,095 represents the previous month’s busiest price area. A brief move above $64,000 could still become another failed breakout. Holding above $64,095 would provide stronger evidence that the market is accepting higher prices again. As discussed in our previous analysis, Bitcoin’s created technical repair work for buyers. That repair is not complete simply because BTC has bounced from $62,535. Bitcoin support and resistance levels to watch What would strengthen the bullish Bitcoin scenario? Swing traders should have 3 key price levels: The Value Area Low (VAL), Point of Control (POC) and Value Area High (VAH) of the previous month. Together, these levels map the previous month’s main area of accepted trading: the VAL marks its lower boundary, the VAH its upper boundary, and the POC the price where the most volume traded. Traders watch them because holding inside the area suggests continued acceptance, while a sustained break outside it may signal that the market is searching for a new value zone. The first constructive step would be sustained trade above $63,175. Buyers would then need to clear and hold above $63,247-$63,270. That would improve the probability of a move toward $63,350 and, eventually, the much larger $64,000-$64,095 test. A more convincing recovery would include: Bitcoin reclaiming $64,000. Price moving above the monthly point of control near $64,095. A pullback successfully defending the reclaimed area. Trading activity beginning to concentrate above $64,095 rather than immediately slipping back below it. If that sequence develops, approximately $65,050 becomes the next major value-area objective. What this means: Acceptance is more than touching a level. It means price spends time above it, survives pullbacks and begins treating the higher area as support. What would weaken the stabilization attempt? Failure to hold $62,920-$62,800 would weaken the current short-term base and increase the probability of another test of $62,535. The more serious bearish development would be sustained trade below $62,380. That would place BTC outside the previous month’s accepted value area and suggest that the market may need to search for demand at lower prices. Traders should still distinguish between a brief move below $62,380 and genuine acceptance beneath it. Crypto markets can produce fast stop-runs through visible support before reversing. Repeated closes or continued trading below the level would carry more bearish significance than a momentary sweep. What Bitcoin traders may consider watching Different traders may use these levels in different ways, at their own discretion: Short-term breakout confirmation: Watch whether BTC can break above $63,175 and successfully retest it, with $63,247-$63,270 providing the next validation area. Support-zone reaction: If BTC returns to $62,380-$62,535, watch whether buyers defend it again or whether selling begins to hold below the zone. Broader recovery confirmation: Treat $64,000-$64,095 as the decisive recovery test instead of assuming that every bounce from $63,000 marks a durable bottom. Because Bitcoin trades continuously, weekend conditions can sometimes involve thinner liquidity and less reliable breakouts. Confirmation through time, repeated closes or a successful retest may therefore be more useful than reacting to the first price spike. What should Bitcoin traders watch next? Bitcoin has defended the lower part of the previous month’s value area, but the rebound still needs to prove itself. The immediate challenge is to move beyond $63,175 and $63,270. The much larger test remains $64,000-$64,095. A successful reclaim would indicate that Bitcoin is returning toward the center of the previous month’s accepted value rather than merely bouncing from support. Until that happens, Bitcoin may be stabilizing, but it is not yet showing a fully confirmed bullish recovery. This analysis presents conditional market scenarios and opinions (not promises) at investingLive.com, not a guarantee of future performance. Traders should consider volatility, position size and their own risk limits before acting. This article was written by Itai Levitan at investinglive.com.

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