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Home»Bitcoin»Trump’s Speech Sets Target at $100K Bitcoin

Trump’s Speech Sets Target at $100K Bitcoin

Bitcoin By Gavin29/04/2025
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Bitcoin Price Hits Support But Fresh Rally Faces Many Hurdles
Bitcoin Price Hits Support But Fresh Rally Faces Many Hurdles
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Bitcoin price predictions are showing signs of a breakout, with BTC trading at $95,490 just ahead Trump’s highly anticipated 100-day speech. Investors have also moved $4 billion from exchanges after Trump’s comments about rate cuts. Bitcoin’s 8.9% gain in the past week also strengthens Bitcoin 2025’s forecast, as Trump’s crypto policy seems to dominate his second term.

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Will Trump’s Crypto Speech Drive Bitcoin to a $100K Breakout Price?

BTC rallies as Markets Watch Trump Address

Bitcoin price chart showing recent price action with current price at $94,664.90
CoinGecko

Bitcoin’s price is being predicted by models that are updated every day. BTC was up 0.8% Monday, to about $95,490. As of the writing date, bitcoin’s price has fluctuated between $92,953-$95,490. This is an impressive performance in spite of market uncertainties. BTC’s monthly gains of nearly 15% have certainly shifted Bitcoin forecast discussions to the $100K level that appeared distant only weeks ago.

Trump policies drive crypto market reaction

CryptoQuant chart showing declining Bitcoin exchange reserves
Source: CryptoQuant

Trump’s potential announcement of Bitcoin strategic reserves continues to dominate the crypto market. Bitcoin analysts and experts predict that such a news would likely trigger a run towards the $100K goal.

CryptoQuant’s latest data shows that since Trump made his controversial comments about rate cuts, investors have removed more than $4 billion in Bitcoin. In just one week, the exchange deposit dropped from about $237.8 Billion to approximately $233.8 Billion.

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BTC Outperforms Tech Stocks

Bitcoin’s price predictions continue to be positive as BTC has posted gains of about 5,6% for the year, while technology stocks have been struggling. The “Magnificent 7” Tech companies have experienced significant drops from their peak, including Tesla’s 42% drop and Apple’s 20%.

Magnificent 7 performance chart showing drawdowns from peak values
Source: investingVisuals

Market expectations are minimal despite Trump’s repeated requests for policy adjustments. CME FedWatch’s latest data shows that 93.1% of the time, there will be no change in interest rates at the next FOMC meeting on May 7.

FedWatch chart showing rate change probabilities
Source: FedWatch

Please Read This: Pi Network Price Prediction: Analysts Eye 3x Rally to $1.70 For Mid-May 2025

How to reach six-figure BTC

As the cryptocurrency market reacts to geopolitical tensions, BTC is becoming more attractive as a safe haven. Bitcoin 2025 scenarios include sustained trades above $100K if Trump continues to support cryptocurrency adoption and growth.

A sustained decrease in supply of exchange combined with increased institutional interest can create favorable conditions to potentially reach the $100K goal in the short term.

“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: watcher.guru

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