{"id":632368,"date":"2025-03-03T17:52:46","date_gmt":"2025-03-03T17:52:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=632368"},"modified":"2025-03-03T17:52:46","modified_gmt":"2025-03-03T17:52:46","slug":"bitcoin-eyes-100k-as-btc-bull-token-ico-hits-3-1m-only-17-hours-before-price-hike","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/press-releases\/bitcoin-eyes-100k-as-btc-bull-token-ico-hits-3-1m-only-17-hours-before-price-hike","title":{"rendered":"Bitcoin Eyes $100K As BTC Bull Token ICO Hits $3.1M \u2013 Only 17 Hours Before Price Hike"},"content":{"rendered":"

The BTC Bull Token ($BTCBULL)<\/a> ICO has blown past $3.14 million in funding as the bulls charge back into town.<\/p>\r\n\r\n\r\n\r\n

With Bitcoin experiencing a wave of positive developments – such as the reaffirmation of U.S. crypto reserves and the end of over a weeklong stretch of outflows in Bitcoin-based ETFs – the path to $100,000 is becoming increasingly clear.<\/p>\r\n\r\n\r\n\r\n

Such positive trading activity has fueled excitement among early BTC Bull Token investors, as it brings the project closer to its first price milestone to activate its utility. As a result, a buying frenzy erupted over the weekend in its presale.<\/p>\r\n\r\n\r\n\r\n

Currently, BTC Bull Token is priced at $0.00239 per token for less than 24 hours before a scheduled price increase marks the start of the following funding stage.<\/p>\r\n\r\n\r\n\r\n

Deribit Call Options Eye $100,000<\/h2>\r\n\r\n\r\n\r\n

February’s sluggish market has come to an end, and March is already shaping up to be a month of stronger trading activity.<\/p>\r\n\r\n\r\n\r\n

Bitcoin kicked off the rally on March 1, climbing from a low of $78,000 back above $80,000. By Sunday, it had surged to $94,000, marking a 17% gain over three days and settling at $91,872 at the time of writing.<\/p>\r\n\r\n\r\n\r\n

Several key developments fueled this bullish momentum. The first was the end of a prolonged outflow streak in Bitcoin spot ETFs on February 28, which saw a sharp reversal with $93.4 million in inflows, according to Farside Investors data.<\/p>\r\n\r\n\r\n\r\n

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Bitcoin ETF Flow (US$m) – Farside Investors<\/a><\/p>\r\n\r\n\r\n\r\n

On Sunday, U.S. President Donald Trump reaffirmed his campaign promise to establish a national crypto reserve. Notably, he emphasized support for American-made cryptocurrencies such as Ripple ($XRP), Solana ($SOL), and Cardano ($ADA).<\/p>\r\n\r\n\r\n\r\n

Although Bitcoin and Ethereum ($ETH) were initially absent from the announcement, Trump later clarified that the reserve would include the top two cryptocurrencies.<\/p>\r\n\r\n\r\n\r\n

The swift bullish turnaround – now being referred to by analysts as the “Trump put” – has reignited investor enthusiasm, particularly for Deribit-listed call options targeting Bitcoin at $100,000, according to Amberdata.<\/p>\r\n\r\n\r\n\r\n

If Bitcoin reaches this milestone, speculation about surpassing its all-time high of $109,000 will intensify. <\/p>\r\n\r\n\r\n\r\n

The renewed bullish sentiment has also driven a surge in BTC Bull Token<\/a> purchases – the only meme coin designed to track Bitcoin’s price action – adding to the weekend’s buying frenzy and offering a potential hedge against the top crypto’s wild price swings.<\/p>\r\n\r\n\r\n\r\n

BTC Bull Token: The Only Meme Coin That Tracks The Bitcoin Price<\/h2>\r\n\r\n\r\n\r\n

From raising $2.9 million on the last day of February, the BTC Bull Token<\/a> has seen nearly $250,000 in new purchases, pushing its daily run rate to approximately $149,000. With momentum accelerating on Monday, it is on track to surpass $3.2 million in total funding within a few hours.<\/p>\r\n\r\n\r\n\r\n

Investors are flocking to this meme coin despite Bitcoin being in the spotlight because BTC Bull Token is designed to reward holders with actual $BTC whenever Bitcoin reaches key price milestones. <\/p>\r\n\r\n\r\n\r\n

Its first target for Bitcoin airdrops is $150,000, with subsequent targets increasing in $50,000 increments – meaning the next milestones would be $200,000, $250,000, and so on. While these figures may seem distant now, historical data suggests they are within reach.<\/p>\r\n\r\n\r\n\r\n

Over the past four years, Bitcoin has posted monthly gains as high as 46.95% and has sustained multi-month winning streaks, such as from September 2023 to March 2024, when it averaged 16.34% growth per month. <\/p>\r\n\r\n\r\n\r\n

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Historical Bitcoin Performance | CoinGlass<\/a><\/p>\r\n\r\n\r\n\r\n

Bitcoin more than doubled in value during that period, climbing from approximately $25,934 to $62,000.<\/p>\r\n\r\n\r\n\r\n

If Bitcoin maintains a similar pace over the next seven months – an achievable scenario given that post-halving years tend to be more bullish – it could soar to $265,000. <\/p>\r\n\r\n\r\n\r\n

This aligns with the forecasts of analysts like Fundstrat founder Tom Lee and Global Head of Digital Asset Research Geoff Kendrick, who both believe Bitcoin could reach $200,000 by 2025.<\/p>\r\n

<\/p>

Bitcoin's upside if holds at $91,000 based on everyone's prediciton:
· Michael Saylor: +3,197% to 53,746%
· Cathie Wood: +614% to 1,548%
· Robert Kiyosaki: +285%
· Arthur Hayes: +175%
· K33: +134%
· Bitwise: +120%
· Standard Chartered (Geoff Kendrick): +120%
· Fundstrat (Tom… https:\/\/t.co\/gjYMTzJ1jn<\/a> pic.twitter.com\/CPIcIZARDs<\/a><\/p>— Trader T (@thepfund) January 13, 2025<\/a><\/blockquote>