Trump and Bukele Summit Could Skyrocket Bitcoin: Discover How El Salvador’s 6,100+ BTC Reserve Plays a Role!

President of the US Donald Trump is going to host pro-Bitcoin president Nayib Bukele of El Salvador in the White House on April 14, 2023, for a crucial meeting on border security, criminal repatriation, and economic cooperation. Bukele’s very strong stance against gang violence and his deportation of criminals to the mega-prison of El Salvador have earned him Trump’s admiration, strengthening bilateral ties. The agenda may include a Bitcoin discussion, since Bukele has led the way with crypto adoption, while the Trump administration recently established a National Bitcoin Reserve. This meeting may foster the U.S.-El Salvador relationship and set some precedents for global crypto policy in light of the rising adoption of digital assets.

Trump Meeting with Bukele: Strengthening Ties on Security and Bitcoin

U.S. President Donald Trump is expected to welcome at the White House President Nayib Bukele of El Salvador on April 14, 2020. The visit is in line with the recently signed bilateral agreements between the two countries regarding immigration and security cooperation. Under those agreements, Bukele has been given the authority for the detention of those deported Venezuelan gang members in high-security prisons within El Salvador, consistent with Trump’s immigration policy. 

Trump has praised Bukele for the improvement in the conditions as far as gang-related violence is concerned, to which crime rates in El Salvador have been observed to decrease significantly. Apart from security and Bitcoin reserve, the talks should revolve around trade. El Salvador exports most goods to the United States, and perhaps Bukele will bargain for reduced tariffs on Salvadoran exports.

Bitcoin Price Prediction: Technical Analysis Reveals Key Levels

The trading session on April 2 commenced with a death cross and has been trending in a straight motion since that time. The RSI shows Bitcoin oversold around 05:30- 06:30 UTC and marked out a support level at $82,183. There appeared a golden cross at about 06:25 UTC, indicating a new possible trend up. The RSI indicated overbought conditions approximately between 09:05 and 14:00 UTC, as this led to hitting resistance at around $88,000 before falling back.

Chart 1, analysed by anushrivarshney2613, published on TradingView, April 3, 2025

The resulting minor spike in price rejection at the resistance level was considered at $88,553. Another death cross at around 16:00 and 20:25 UTC further depressed price action in this case, eating into support as the RSI remained in the oversold region. April 3 has found Bitcoin stabilizing around the $83,000 range at a death cross at 03:00 UTC. This event will likely promise lower prices from that point on.

On the other hand, some positive occurrences or developments such as new findings from the Trump meeting on the Bitcoin reserve or regulatory clarity could change the situation, sending the price back over the $88,500 resistance. While considering its technical signals along with news catalysts, Bitcoin price prediction appears more toward volatility continuing.

Bitcoin’s Future Amidst Global Developments

The upcoming meeting between Trump and Bukele is expected to signal increased interest in Bitcoin, possibly informing attitudes towards crypto globally. Being the only country to hold over 6,100 Bitcoins and the US now literally having a National Bitcoin Reserve, such conversations could set the tone for future legislation discussions around digital assets. In this respect, the Trump-Bukele meeting could swing a major blow whose outcome paves the way for Bitcoin’s future price surge.

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