Bitcoin Price Prediction: As Eric Trump Says Everybody Is Hoarding BTC, Investors Flock To This ICO Offering Free Bitcoin

The Bitcoin price rose 1% in the last 24 hours to trade at $104,274.33 as of 9:42 p.m. EST as investors slowly buy into the leading crypto.

The slight uptick in the BTC price comes as Eric Trump says there is an ongoing race across the world for Bitcoin accumulation.

“Everybody in the world is trying to hoard Bitcoin right now,” the US President’s second-eldest son said during a panel at Consensus 2025.

Bitcoin Price Eyes A Major Resistance Level, Will It Soar To A New All-Time High?

Daily chart for BTC/USDT (Source: TradingView)

The Bitcoin price has printed multiple higher highs and higher lows over the past few days, resulting in the formation of a bullish price channel. Should the crypto continue to trade within this positive range for the next 48 hours, BTC could end up overcoming the resistance level at $107,963.22.

However, a drop below the lower barrier of the ascending price channel due to a sudden change in the market could result in a more bearish scenario playing out. Traders might then start to short BTC, which could force the Bitcoin price down to the nearest support level at $98,371.74. Continued sell pressure could even lead to a plunge to as low as $88,023.04.

Technicals Warn The Bitcoin Price Might Pullback In The Next 24 Hours

Technical indicators on the daily chart warn the Bitcoin price might drop over the next 24-48 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are on the verge of triggering major bearish technical flags.

The MACD line has fallen towards the MACD Signal line in the last few days. This suggests BTC’s bullish momentum is starting to cool down. Now, the MACD line is about to fall below the Signal line. Should this intersection happen, traders might interpret the technical event as a sign that the Bitcoin price has entered a negative cycle.

Looking at the RSI, the indicator is also on the verge of falling below its Simple Moving Average (SMA) line on the daily chart. A cross between these two lines, whereby the RSI falls below the SMA, could confirm a bearish shift in power on BTC’s charts. 

While technical indicators flash bearish for the Bitcoin price, investors are piling into the presale for a meme coin called BTC Bull Token (BTCBULL). According to popular YouTube channel 99Bitcoins, which has over 725K subscribers, BTCBULL has the potential to soar 10X after it launches.

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A Meme Coin That Rewards Its Investors With Free Bitcoin

BTC Bull Token, a Bitcoin-branded meme coin, is built on the belief that the largest crypto by market cap will soar to $1 million, possibly even higher. As the Bitcoin price soars to new heights, the project will celebrate certain milestones by airdropping BTC to its investors and through a series of BTCBULL token burns.

The first of the Bitcoin airdrops will happen when BTC breaks $150K for the first time. Thereafter, every new $50K milestone the crypto achieves will lead to another Bitcoin airdrop to BTCBULL token holders.

BTCBULL token burns will follow the same milestone-based schedule, but will start when Bitcoin reaches $125K. Every subsequent $25K increase will then also permanently remove tokens from the supply.

That combination of Bitcoin airdrops and BTCBULL token burns could lead to a strong rally for the meme coin, especially as more investors rush to buy the crypto for the Bitcoin airdrops.

What’s more, with Trump’s remarks that investors globally are hoarding Bitcoin, BTCBULL offers a much cost-effective way for investors to build a Bitcoin stash without having to buy Bitcoin directly. This allows BTCBULL investors to profit from BTC’s gains without having to put up with the leading crypto’s volatility. 

Investors Rush To Buy BTCBULL At Presale Prices

There is already strong demand for BTCBULL before it has even entered the open market, as evident by the over $5.8 million the project has raised so far through its ongoing presale. If this strong ICO momentum carries over to the meme coin’s launch, it could ignite the 10X rally predicted by 99Bitcoins.

Interested investors can purchase the token through the simple buy widget embedded on the project’s website. Selling for $0.002515, BTCBULL can be bought with both crypto or bank card. 

After getting a hold of some BTCBULL, investors can also put their tokens to work through the project’s presale staking pool that offers a 71% APY.

Anyone looking to secure the best deal will want to buy before the next presale price hike in around 2 days.

Visit the BTC Bull Token website.

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