Bitcoin Price Prediction: As BTC Soars Past $100K With 3% Jump, Traders Buy This Solana Layer-2 ICO With 100X Potential
The Bitcoin price jumped 3% in the last 24 hours to trade at $102,228 as of 7:00 a.m. EST on a 2% increase in trading volume to $55 billion. This jump in the BTC price comes as US investors show renewed interest in the crypto market leader ahead of President-elect Donald Trump’s inauguration on Jan. 20. $BTC open interest has sharply returned, after a holiday reset. The bulls are back. pic.twitter.com/HBVEB4jSBQ — Miles Deutscher (@milesdeutscher) January 17, 2025 Growing anticipation of pro-crypto policies from the incoming administration has added to this momentum, with potential key announcements expected on Trump’s first day in office. This resurgence in US-driven demand could ignite the next leg of the bull market, benefiting both Bitcoin and altcoins. Bitcoin Price Bounces Back On Strong Support Level The BTC/USDT price action on the 1-day timeframe shows a mix of consolidation phases, bullish trends, and key support and resistance levels. Bitcoin initi...