Will Trump’s 100-day speech end Bitcoin’s 'compressing' range?

Date: 2025-04-29

Key takeaways:Bitcoin’s price consolidates as the market awaits President Trump’s 100-day speech.Over $4.7 billion in BTC has been withdrawn from exchanges since April 22, reducing supply and boosting price sensitivity to demand.Trump’s crypto policy clarity could spark a BTC surge, but tariffs may cap gains.Traders say Bitcoin price must clear key hurdles above $95,000 before continuing the uptrend to $100,000 and beyond.Bitcoin’s (BTC) price is consolidating in a tight range between $91,700 and $95,850, ahead of Trump’s 100-day commemorative rally.BTC/USD daily chart. Source: Cointelegraph/TradingView Market awaits Trump’s 100-day speechBitcoin investors have adopted a wait-and-see approach ahead of US President Donald Trump’s speech to c...

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