El Salvador Bitcoin Revolution Meets White House: Bukele and Trump Forge Crypto Alliance

El Salvador earned international recognition as a cryptocurrency leader when it declared Bitcoin as legal tender in 2021 despite facing both positive and negative reactions. The impending meeting between Trump and Bukele will represent a turning point in Bitcoin-related economic analysis for Salvadoran economic policy. As president Nayib Bukele maintains his backing for El Salvador bitcoin which he believes will attract foreign direct investment while advancing financial inclusion for El Salvador. 

Trump-Bukele Meeting: A Game-Changer for Salvador Bitcoin and U.S. Crypto Relations

Recent phone communication occurred between Trump and Bukele as their alliance strengthened regarding Bitcoin policies and immigration matters. President Nayib Bukele stands as the pro-Bitcoin leader who serves El Salvador. El Salvador achieved international recognition as a Bitcoin front-runner after making Bitcoin a legal tender during 2021. During the phone call, Bukele stated that in his opinion, Trump could be capable of causing “exponential revaluation” of Bitcoin along the way, further propelling it toward global prominence.

Also discussed at the meeting were cooperation on migration policies and fighting transnational gangs like Tren de Aragua. Bukele’s government remains hopeful that it will use Bitcoin to attract investments and stimulate economic independence. 

On the other hand, Bitcoin was rising to surpass $106,000 in price with the news of their talks, indicating how strong the cryptocurrency adoption news was for the markets after having two influential leaders discuss it. The Trump-Bukele meeting may turn the page onward in the next few years with global aggression and regional pressing issues within its foresight.

Bitcoin Price Prediction: Key Levels and Market Signals for March 28, 2025

On March 28th, the trading session began with a downward motion. A breakout above the channel would hint at some recovery, but the price action would fail to go above the resistance at $85,599. The MACD had a series of golden crosses, including one at 00:40 UTC and another later in the session at 05:45 UTC, all bullish. However, the death crosses at 10:15 UTC and 13:45 UTC completely reversed all the gains and maintained selling pressure. The RSI was swinging between oversold and overbought zones, with the temporary support levels providing support near $83,610 in oversold conditions and registering overbought signals at 22: 55 UTC to indicate the possibility of bullish exhaustion.

Chart 1, analysed by anushrivarshney2613, published on TradingView, March 29, 2025

Trump’s meeting with Bukele has added another interesting element to the Bitcoin story. El Salvador Bitcoin policy and Bukele’s advocacy for cryptocurrencies might sway the opinions of many around the world. If the diplomatic talks yield positive outcomes toward the crypto-friendly policies or the U.S.-El Salvador financial cooperation gets strengthened, Bitcoin price prediction can experience an upward pressure. This, however, will remain in a state of radical volatility as the fate of various geopolitical developments unfurl.

What Future Holds for Bitcoin?

As the Trump-Bukele meeting approaches, the fate of El Salvador Bitcoin as well as its price valuations rests with investors. This optimistic forecast comes as a result of strong institutional interests especially from Bitcoin exchange-traded-funds (ETF), which are expected to account for high massive percentages of the circulating supply. Of course, the expected Bitcoin halving event in April 2024 will increase prices due to the dwindling supply, and just maybe, with Donald Trump coming into power, the U.S. may set up a strategic reserve for Bitcoin, thus increasing demand and legitimacy to the coin. 

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