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Over $4.7 billion in BTC has been withdrawn from exchanges since April 22, reducing supply and boosting price sensitivity to demand.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 speech
Bitcoin investors have adopted a wait-and-see approach ahead of US President Donald Trump’s speech to commemorate his 100th day in the White House on April 29.
Crypto-related policies have been prominently featured so far in Trump’s second-term presidency, but markets await crypto-specific regulatory updates