Bitcoin ($BTC) is showing renewed strength after breaking the critical $108,000 resistance — a level that had previously capped multiple rallies in June. This fresh bullish momentum comes just after a powerful macro tailwind: U.S. President Donald Trump stated in a speech that The market interpreted this as a green light for crypto’s long-term legitimacy — and traders are reacting accordingly.

On the 4H chart, BTC has finally pushed out of the descending triangle structure (orange lines), confirming a bullish breakout. The breakout candle is clean and supported by volume, suggesting continuation. The next key level to watch is — the horizontal resistance that now stands as the final wall before Bitcoin can test its

BTC/USD 4-hours chart - TradingView

Below $105,000, where the 200 EMA and prior structure support reside. A break below that could invalidate the current bullish thesis.

Donald Trump’s unexpected endorsement of Bitcoin as a pressure relief valve for the U.S. dollar has given BTC bulls a much-needed catalyst. 

Combined with:

• ETF performance tailwinds

…it’s no surprise the market is gaining steam heading into Q3 2025.