Trump/Elon’s Crypto Chaos!

Bitcoin’s 4H chart is flashing a major bullish setup at $97,603, with RSI climbing and a key EMA crossover signaling a reversal. A breakout above $98K could send BTC to $105K, but failure risks a drop to $93K. Will Trump’s pro-crypto stance or Elon’s influence fuel the rally?

2/26/20251 min read

Bitcoin consolidates near $97,603, with RSI climbing and EMAs signaling a reversal. A breakout above
Bitcoin consolidates near $97,603, with RSI climbing and EMAs signaling a reversal. A breakout above

Bitcoin’s been on a rollercoaster in 2025, plummeting from 106K to 93K earlier this month, but I’m seeing a massive bullish setup on the 4H chart at $97,603. After a sharp sell-off, BTC’s forming a tight range near 96K support... classic accumulation before a breakout, or are we walking into a trap?

Here’s the tea: RSI’s at ~55 and climbing, signaling buyers are gaining momentum, while the 50/200 EMA crossover near 97K screams bullish reversal. Volume’s ticked up over the last few candles, suggesting smart money’s piling in. We’re testing 98K resistance right now, flip it, and I’m targeting 105K by early March, fueled by Trump’s pro-crypto policies and Elon’s unpredictable X-factor. But if we fail here, 93K’s the next stop, and bears could drag us lower.

This setup’s got me hyped, but the Trump/Elon wild card is wild... Trump’s deregulation talks could pump us past 100K, or Elon’s next tweet might send us spiraling. I’ve seen similar patterns in 2021 lead to 20%+ moves... History repeating?

What’s your hot take?

  • Bullish to 105K, or bearish back to 93K, where’s BTC headed?

  • Think Trump’s policies or Elon’s tweets will rocket us, or are they just noise?

  • Seen this pattern before? Drop your targets, indicators, or contrarian views!