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The Bitcoin price jumped over 4% in the last 24 hours to trade at $91,616.74 as of 10:31 p.m. EST as investors begin accumulating the leading crypto.
This uptick in the BTC price comes ahead of the first White House Crypto Summit tomorrow. Scheduled from 6:30 p.m. to 10:30 p.m. UTC, the event will include more than 25 participants, including members of the Presidential Working Group on Digital Assets, according to Fox Business reporter Eleanor Terrett.
🚨SCOOP: As of this morning, the official invites for Friday’s White House Crypto Summit have yet to be sent out.
The guest list, according to two sources close to the proceedings, will be smaller than previously anticipated and feature industry bigwigs like @saylor.
The…
— Eleanor Terrett (@EleanorTerrett) March 4, 2025
Bitcoin Price Trying To Flip The $91,845.49 Resistance Into Support
4-hour chart for BTC/USDT (Source: TradingView)
The Bitcoin price is testing the resistance level at $91,845.49 in an attempt to flip the level into support. Should the largest crypto by market cap close a 4-hour candle above this mark, BTC could have the foundation needed to rise to the next major barrier at $95,278.28.
In the event the Bitcoin price is rejected by the $91,845.49 resistance level in the next few hours, traders might need to brace for a pullback to the closest support at $86,696.31. In an extremely bearish scenario, the Bitcoin price might even plunge to as low as $82,190.78 if sellers continue to exert pressure on the crypto.
Buyers Might Try To Push The Bitcoin Price Up Higher
Looking at technical indicators on the 4-hour chart, it seems BTC has the necessary backing from bulls to overcome the $91,845.49 resistance. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing positive signs.
A major bullish flag was triggered by the MACD indicator in the last 24 hours, when the MACD line crossed above the MACD Signal line to suggest the Bitcoin price has entered a positive trend. Since the two lines intersected, the gap between them has also grown. Traders might interpret this as a sign of growing bullish momentum.
During the past trading day, the RSI was able to break above its Simple Moving Average (SMA) on the 4-hour chart as well. This could be seen as an indication that buyers have gained an upper hand against sellers. Additionally, the positive slope of the RSI line suggests bulls are still accumulating strength against bears. This could make it easier for buyers to push BTC higher.
As Bitcoin tries to break above a technical barrier, investors flock to the presale for a new meme coin called BTC Bull Token (BTCBULL) to grow their portfolios. According to prominent YouTuber Alessandro De Crypto, who has over 14.7K subscribers, BTCBULL could print massive gains for investors.
Rewarding Token Holders With Free BTC As Bitcoin Reaches New Heights
BTC Bull Token is a Bitcoin-themed token that wants to support the crypto market king in its journey to $1 million per coin and beyond. As Bitcoin reaches certain price milestones, the project will reward its holders with Bitcoin airdrops and BTCBULL token burns.
The closest reward is a token burn, which will happen when Bitcoin hits $125K for the first time. Thereafter, BTC reaching $175K and $225K will trigger additional token burns, according to the project’s website.
By removing tokens permanently from the supply, the scarcity of BTCBULL goes up. This could potentially lead to a skewed supply and demand ratio that might result in a BTCBULL token surge.
Along with the token burns, holders will receive free Bitcoin when BTC hits $150K and $200K for the first time. There will also be a massive BTCBULL airdrop when Bitcoin reaches $250K.
With the upcoming White House Crypto Summit, along with BTC’s recent pump and the US President’s push for a strategic crypto reserve, Bitcoin could soon hit the milestones mentioned on BTCBULL’s website sooner than expected.
As such, now might be the best time to buy BTC Bull Token. The project, with its Bitcoin airdrops, might also be the best play for investors who want to maximize their returns in the next market rally.
Investors Rush To Buy BTCBULL At Presale Prices
BTC Bull Token has raised over $3.2 million through its ongoing presale so far, signaling strong investor confidence in the project’s future. A potential driving factor behind this buying frenzy could be the 133% APY on offer to anyone who purchases and stakes BTCBULL at this early stage.
Interested investors can acquire BTCBULL via the widget embedded on the project’s website using either crypto or bank card. The token is currently selling for $0.002395, but its price will undergo a presale increase in just over 30 hours.
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