Will Trump’s speech end for 100 days from the Bitcoin “pressure” range?

Main meals:

• The price of Bitcoin is merged while the market is waiting for President Trump’s speech for 100 days.

• More than $ 4.7 billion of BTC has been withdrawn from stock exchanges since April 22, reducing the supply and enhancing the price sensitivity to the order.

• Trump’s encryption policy can be clearly raised in BTC, but definitions may gain gains.

• Traders say that the price of bitcoin should remove the main obstacles that exceed 95,000 dollars before continuing the upward trend to $ 100,000 and beyond.

The Bitcoin (BTC) price is unified in a narrow range ranging between $ 91,700 and 95,850 dollars, before the 100 -day memorial gathering of Trump.

The market is waiting for Trump’s speech for 100 days

Bitcoin investors have adopted an approach to waiting and seeing in front of US President Donald Trump A letter to commemorate its hundred day At the White House on April 29.

Policies related to encryption have been shown prominently in Trump’s second -term presidency, but markets are awaiting regulatory updates on encryption on his economic policies.

Clarity about the Bitcoin strategic proposal to its administration can lead to the movement of about $ 100,000. However, the renewed focus on customs tariffs or aggressive budget discounts can weigh the broader markets and bullish bitcoin treatment in the short term.

Polymarket predicts 24 % of Trump, which mentions “encryption” or “bitcoin” in his speech for 100 days today. Data from the basic system showed that users have poured more than a million dollars in bets on the event.

Trump’s discourse can pay a short -term price, just as it was in the past. For example, the last Bitcoin was recovered from 74,400 dollars to $ 94,000 partially fueled by Trump comments The customs tariff for goods from China “will drop significantly.”

While speech may cause optimism and high prices, the broader market dynamics, including customs tariffs and global trade tensions, can reduce gains, as shown in recent encryption market fluctuations.

More than $ 4.7 billion in btc leave stock exchanges

Regardless of the possible positive comments from Trump, the decrease in bitcoin on stock exchanges supports the upward issue to transfer about $ 100,000.

Investors have withdrew more than 50,500 BTC (worth $ 4.7 billion) of stock exchanges since the alleviation of total economic tensions has sparked a gathering in the market.

Reduces the low BTC stock supplies available to sell it, which inflates the price sensitivity to the demand, which may rise after the TUMP letter.

When $ 100,000 BTC price?

Bitcoin price has been combined below $ 96,000 over the past seven days, as Cointelegraph Markets Pro and Tradingvief He appears.

“BTC slowly presses and makes the lowest levels less than 96 thousand resistance,” He said The famous bitcoin analyst Alphabtc on April 29 on X.

Related to: Bitcoin targets 115 thousand dollars, as the BTC supply scale is approaching the “historical euphoria” area

As Cointelegraph mentioned, the level of $ 95,000 is a major resistance that the bulls need to overcome to secure recovery.

“The higher the number of attempts in the amount of 95 thousand dollars, the more likely it is to pay,” Alphabtc stressed, adding that the pressure will likely take Bitcoin to the level of 100,000 required.

“I expect a greater decline, but it may not have been removed up to 100,000.”

While submitting similar notes, a colleague of analyst Dan Chipiro Tadawul He said“The BTC price is pressing again in the past few days after moving to the previous domain.”

According to the Daan Crypto Trades, the main level of watching the negative side is the simple moving average for 200 days (SMA) within the range of $ 89,500 and $ 91,000.

The analyst explained that the main resistance levels are a height of 99.5,000 domestic dollars and a “psychological area of ​​$ 100,000”, adding: adding:

“These are good levels to see here in the medium term. Currently, it’s just a waiting game from where this trend wants after the short term.”

As Cointelegraph mentioned, the basics of the health market can pay bitcoin to between $ 100,000 to the highest level ever.

Meanwhile, Peter Chung, head of research at the Presto quantum trading company, has reports that Bitcoin would reach $ 210,000 in 2025.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.