Bitcoin has been consolidating for too long.
Since April 22, Bitcoin's price has been stuck between $91,700 and $95,850, like a rocket trapped at the bottle neck, ready to ignite and soar at any moment. The market's fuse could very well be hidden in Trump's upcoming hundred-day speech.
This is not just a political speech; it could very well be a prelude to a storm in the cryptocurrency market.
Why does the market care so much about Trump's speech?
This is not the first time Trump is expected to 'ignite' the market. The crypto field's attention to him has never been just because he is a former president, but because he frequently involved in crypto policies during his second term. Especially recent developments—rumors about strategic Bitcoin reserves—once confirmed, could become a catalyst for Bitcoin's surge to $100,000.
Historically, a single sentence from Trump can stir the market. Previously, just his indication of considering lowering tariffs on Chinese goods caused Bitcoin to soar from $74,400 to $94,000.
This hundred-day speech is seen as a key point for him to clearly convey the direction of the new round of economic and crypto policies. Data from the crypto prediction platform Polymarket shows that users have bet over $1 million on whether this speech will mention 'cryptocurrency' or 'Bitcoin'—despite the predicted probability being only 24%.
Clearly, the market has high expectations for this speech.
Mlion.ai's AI news deep analysis module has been tracking the social media heat and fund dynamics related to Trump for several days. In the 'potential market driving factors' section, this speech has been listed as a key signal among short-term influencing factors. Users can track the event's fermentation path and market linkage in real-time to plan trading strategies in advance.
Why hasn’t Bitcoin broken through $100,000 yet?
Technically, the resistance level of $95,000 remains a psychological hurdle for bulls.
According to data from Cointelegraph Markets Pro and TradingView, Bitcoin has been testing this position for the past week but has not been able to break through effectively. Technical analyst AlphaBTC pointed out: 'BTC is slowly compressing and repeatedly bouncing off below $96,000.' He believes that the more attempts to break through, the higher the probability of eventual success.
If this resistance is strongly broken through, the next stop for bulls is undoubtedly the 'psychological high ground'—$100,000. Another analyst, Daan Crypto Trades, pointed out that if the upward momentum fails, key attention should be paid to the 200-day SMA support in the range of $89,500 to $91,000.
This seemingly 'unimportant' consolidation period is actually big money waiting for key confirmation signals. This horizontal structure is particularly clear in Mlion.ai's AI strategy charting tool. Users just need to upload their candlestick chart or strategy chart, and the platform will intelligently identify potential breakout areas based on historical similar market conditions, volume distribution, and on-chain fund flows, quickly providing buy, hold, or take profit strategies.
Not without reason: Bitcoin on exchanges is disappearing.
Stronger fundamental support comes from the continuous outflow of Bitcoin from exchanges.
Data shows that since April 22, over 50,500 Bitcoins—worth about $4.7 billion—have been withdrawn from major exchanges. This means that the circulating Bitcoin in the market is continuously decreasing, and the supply-demand ratio is quietly changing.
From a supply perspective, Bitcoin's scarcity is significantly increasing, amplifying the price's sensitivity to demand. If Trump releases positive signals for crypto policy in his speech, market demand will rise, while supply on exchanges may not keep up, which is a classic prelude to 'sharp increases.'
Mlion.ai's on-chain data tracking feature has automatically recorded this wave of fund transfers and synchronized modeling with social sentiment heat and news signals. In the platform's market daily report, this indicator has been included in the 'potential bullish factors' list, prompting users to closely monitor breakout signals.
Market expectations have risen; has the correction period been postponed?
Many analysts believe that while Bitcoin faces resistance in the short term, its medium- to long-term structure remains bullish.
Presto's research director Peter Chung reiterated that BTC will reach $210,000 by 2025. This goal sounds aggressive but is gradually becoming a mid-term reference coordinate set by some investment institutions in the new cycle.
AlphaBTC bluntly stated: 'I expect Bitcoin to have a significant correction, but it may only happen after breaking through $100,000.' In other words, we may currently be in the 'first peak' stage, and the real bubble release may lag.
This aligns with the conclusions from Mlion.ai's trend research generated by AI prediction models: BTC is currently in a rising trend's consolidation structure but has not yet reached the 'overheating warning line.' If positive events erupt, a short-term push to $100,000 is not a dream.
In conclusion: We are approaching another critical point for Bitcoin.
Trump's hundred-day speech is not just a political symbol; it may become the emotional tipping point for the Bitcoin market.
If the policy is clarified and the strategic reserve plan surfaces, the crypto market will experience a surge of confidence.
If it continues to consolidate, Bitcoin will face a crucial test of support at $89,500.
These possibilities can no longer be judged solely based on 'feelings.' Mlion.ai provides a complete toolkit from event monitoring, sentiment tracking, fund flow identification to technical charting and trend forecasting, precisely to cope with the current complex market driven by policy + technology + mixed sentiment.
How the next market trend will unfold is already being indicated by the technical charts.
Disclaimer: The above content is for informational sharing only and does not constitute any investment advice. Investing carries risks; proceed with caution!