Trump’s crypto remarks stall Bitcoin between $68K support and $71K resistance

Trump’s crypto remarks unsettle BTC. Price stalls below $71k as traders eye a May 25 pivot and the 200‑week EMA retest.

Bitcoin pauses under $70.5k–$71k. Sellers fade rallies at that band, while $68k holds as support for now (NewsBTC). A clean break below $68k could invite a deeper drawdown (NewsBTC).

Traders link the hesitation to US President Donald Trump’s shifting crypto tone, which adds headline risk (EliZ). Price is reacting near the 0.75 retracement, a level that last preceded a sharp liquidity‑driven rally (NewsBTC). EliZ urges patience until a clear signal emerges (EliZ).

Next key pivot lands on the 25th. In the last 8 instances, 6 marked local lows and 2 marked highs (LP). Average move after this pivot sits near 8–9% (Bitcoinist). Context matters: pushing up into the pivot tends to form a local high; dropping into it increases odds of a local low (LP).

Market structure watch: BTC is retesting the 200‑week EMA. Rekt Capital notes this EMA has been unreliable as resistance lately and the coming weekly close will decide if it flips back to meaningful support (Rekt Capital). Cycle context remains in play (NewsBTC).

Key levels to watch
- $70.5k–$71k resistance (NewsBTC)
- $68k support (NewsBTC)
- May 25 pivot bias and stats (LP) (Bitcoinist)
- 200‑week EMA retest into weekly close (Rekt Capital)