{"id":5035,"date":"2025-04-29T16:49:32","date_gmt":"2025-04-29T15:49:32","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=5035"},"modified":"2025-04-29T16:49:33","modified_gmt":"2025-04-29T15:49:33","slug":"trump-100-day-speech-crypto-market-boom","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/trump-100-day-speech-crypto-market-boom\/","title":{"rendered":"Will Trump\u2019s 100-Day Speech Trigger a Crypto Market Explosion ?"},"content":{"rendered":"\n

Bitcoin Awaits Trump’s Speech<\/h2>\n\n\n\n

For several days, Bitcoin<\/a> (BTC)<\/strong> has been trading in a technical consolidation zone between $91,700 and $95,850<\/strong>. Data from analytics platforms like TradingView<\/em> and Cointelegraph Markets Pro<\/em> show a price compression, forming higher lows under a solid resistance at $96,000<\/strong>.<\/p>\n\n\n

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\"Bitcoin
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

This price structure reflects a market hesitating as it approaches a potentially pivotal political event: Trump’s speech marking his 100 days in the White House<\/strong>. Since his comeback, the former president has shown a generally positive attitude towards crypto-assets<\/a>, sparking speculation about a pro-Bitcoin policy<\/strong> to come. Institutional and retail investors are thus wondering: on the 29th of April<\/strong>, will Trump<\/a> explicitly address the topic of cryptocurrencies<\/strong>?<\/p>\n\n\n\n

A Speech that Could Trigger an Uptrend<\/h2>\n\n\n\n

The decentralized<\/a> betting platform Polymarket<\/em> <\/strong>assigns a scenario mentioning “Bitcoin” or “crypto” a probability of 24%<\/strong>. Over a million dollars have already been wagered on this event, underscoring the strategic importance of this speech for the market.<\/p>\n\n\n

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\"Probable
Source: Polymarket<\/figcaption><\/figure>\n<\/div>\n\n\n

Favorable statements, especially regarding a potential federal strategic reserve<\/strong> in Bitcoin, could ignite an uptrend towards $100,000<\/strong>. Conversely, a focus on protectionist policies, like tariff hardening, could temper investors’ appetite.<\/p>\n\n\n\n

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Furthermore, the significant decrease in BTC reserves on centralized exchange platforms amplifies price sensitivity to demand. According to CryptoQuant<\/em> data, over 50,500 BTC<\/strong> (approximately $4.7 billion) have left exchanges since April 22nd<\/strong>. This scarcity of available supply could favour a rapid price surge upon a positive announcement.<\/p>\n\n\n\n

Ambitious Targets with Risks<\/h2>\n\n\n\n

According to analyst AlphaBTC<\/em>, BTC is “continuing to compress”<\/em> below $96,000, with several unsuccessful attempts to break this resistance. “The more attempts to breach $95,000, the higher the likelihood of a breakthrough,”<\/em> he emphasizes.<\/p>\n\n\n\n

The main identified resistance levels are now at $95,000<\/strong>, $99,500<\/strong> (local high point), and the major psychological threshold of $100,000<\/strong>. These areas will be closely monitored by professional traders, especially those in derivative markets.<\/p>\n\n\n

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\"Bitcoin
Source: AlphaBTC<\/figcaption><\/figure>\n<\/div>\n\n\n

If Trump’s speech favours cryptocurrencies, a new bullish momentum<\/strong> could propel Bitcoin towards $100,000, even $115,000<\/strong> according to AlphaBTC<\/em>‘s estimates. In the longer term, Peter Chung (Presto) even anticipates a potential of $210,000<\/strong> by 2025<\/strong>.<\/p>\n\n\n\n

However, macroeconomic and geopolitical factors remain decisive<\/strong> in the short term. A protectionist approach from Trump could therefore temper BTC gains immediately. Investors will need to remain vigilant<\/strong> and adopt a prudent<\/strong> strategy<\/strong> facing this crucial political deadline.<\/p>\n\n\n\n

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