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The Bitcoin price tumbled a fraction of a percentage in the last 24 hours to trade at $107,247 as of 11:00 p.m. EST on a 4% surge in trading volume to $45 billion.
The slight decrease in the BTC price comes after President Donald Trump voiced strong support for Bitcoin and the US crypto industry.
📢 JUST IN: Trump goes full pro-#Bitcoin & crypto on live TV:
🇺🇸 “I became a fan of crypto… it’s an industry, and we’ve dominated it.”
🟠 Says $BTC helps take pressure off the dollar
💼 Calls crypto job-creating and “great for the country”
⚠️ Warns China would’ve led the space… pic.twitter.com/IQLJkz7su3— CryptosRus (@CryptosR_Us) June 27, 2025
His comments, suggesting that rising Bitcoin use benefits the country and reduces pressure on the US dollar, appear to have boosted market sentiment.
Trump believes America has taken the lead in building a strong crypto sector, which could have been dominated by China if the US hadn’t acted. He also noted that Bitcoin and other cryptos didn’t fall as much as stocks during recent market drops.
Bitcoin Price Breakout Signals More Gains Ahead
The BTCUSDT daily chart shows strong signs of another big price jump after breaking out of a period of consolidation. The price is now aiming for a new target price of around $130,000.
Bitcoin recently formed a “Rounded Bottom” pattern, which is a common signal that prices could start rising. After this, Bitcoin hit a new all-time high (ATH) above $110,000 before pulling back slightly into a consolidation phase.
Right now, Bitcoin is trading around $107,181. The chart shows that as long as the price stays above $100,000, the bullish trend remains strong. The Relative Strength Index (RSI) sits at 55.75, suggesting moderate bullish momentum without entering overbought territory, leaving room for further upward movement.
BTCUSDT Analysis Source: Tradingview
Analysis also points to the formation of the new ATH and subsequent consolidation as a classic “bullish continuation” structure. The $100,000 level is acting as a key support zone. If the price holds above this level and breaks past $110,000, the next likely stop is around $130,000, as shown by the target on the chart.
While the technical indicators align with bullish expectations, traders are advised to remain vigilant of potential volatility, especially as Bitcoin approaches major resistance levels. A failure to break above $110,000 or a sharp rejection could signal short-term weakness, delaying the next leg of the rally.
In the short term, Bitcoin’s price is looking strong, and if the current trend continues, the $130,000 mark could be within reach in the coming weeks.
BTC Bull Token Presale Races Toward $8M – Only 2 Days Left
As the Bitcoin price consolidates, investors are rushing to buy a new project called BTC Bull Token (BTCBULL), a new BTC-themed meme coin that has raised over $7.5 million in presale with only days left before it hits exchanges.
This project is getting attention for making it easy for regular people to benefit from Bitcoin’s growth without actually buying BTC. The idea is simple, rewards are given when Bitcoin hits certain price targets.
For example, when Bitcoin reaches $150,000 for the first time, holders get a Bitcoin airdrop. More airdrops follow every time Bitcoin reaches a new $50,000 milestone after that, all the way to $1 million.
Also, when Bitcoin hits $125,000, the project will start burning BTCBULL tokens, reducing supply and possibly increasing their value. A big 10% BTCBULL token airdrop is also planned when Bitcoin reaches $250,000 — a huge bonus for early investors.
Over $7M raised. This is not a drill. 🐂🔥 pic.twitter.com/S7Mq8LPWq7
— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 24, 2025
Investors are also jumping on the 54% annual staking rewards, with over 1.9 billion tokens already locked up, showing strong belief in the project’s future.
To get those Bitcoin airdrops, you’ll need to hold your tokens in Best Wallet, a multichain wallet that makes the process seamless.
Prominent YouTube channel 99Bitcoins, with over 723k subscribers, predicts 10x gains once BTCBULL launches, especially if Bitcoin keeps climbing.
Those interested can buy BTCBULL tokens at just $0.00258 per piece using crypto or a bank card through the project’s website.
But with a little more than 2 days left in the presale, now is the best time to jump in.
Check out the BTC Bull Token website.
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