BTC Trends After the White House Summit on March 7, 2025

After the White House Crypto Summit, the price of BTC briefly broke through $90,000, reflecting market expectations for Trump's strategic Bitcoin reserves. However, as the summit did not mention any new purchases, BTC quickly fell back to $86,000. On-chain data shows increased selling pressure from short-term holders, while long-term holders continue to accumulate, suggesting that the bottom may be approaching.