Can Bitcoin Surpass $250,000 as JetBolt Lures Crypto Whales

Bitcoin’s (BTC) price remained strong after Donald Trump was sworn in as the 47th President of the United States. Meanwhile, young altcoin JetBolt (JBOLT) steadily builds momentum. Bitcoin reached a landmark high price of $109,588 on January 20, signaling a surge in investor interest driven by a potentially crypto-friendly US government. 

At the same time, JetBolt garners noticeable attention from crypto whales, demonstrated by its rising token sales. Since the JetBolt (JBOLT) presale began, it has sold more than 280 million tokens. What attracts whales and buyers to the new altcoin JetBolt? Can Bitcoin extend its rally to successfully climb and surpass $250,000? Let’s dive deeper into these thrilling narratives and the latest on the Bitcoin Price.

Bitcoin Price Forecast: Can BTC Hit $250,000? 

After falling below the $90,000 mark last week, Bitcoin is holding its ground above $100,000. At the time of writing, BTC is trading at $105,066, up 8.6% over the past week. 

Chart of Bitcoin’s recent price action from CoinMarketCap showing BTC firmly above the $100,000 price level.

Bitcoin reached its new all-time high (ATH) following Trump’s inauguration, igniting speculation about its future price under a potentially pro-crypto administration. 

Can BTC sustain the current buying trend to break through the $250,000 mark? According to Ibrahim Abijade’s price analysis published on FXStreet, BTC is currently displaying bullish patterns, with its next significant price target potentially reaching around $110,000. 

This price forecast was supported by the increasing volume during BTC’s recent price surges. 

While a breakout toward the $110,000 zone could be imminent, bearish risks continue to linger. Should BTC slip below the $102,500 level, the report says it could open the doors for Bitcoin’s retracement toward $95,000. 

JetBolt (JBOLT) Magnetizes Buyers with Innovative Features

While Bitcoin’s recent climb grabs headlines, JetBolt (JBOLT) is creating its own hype. This new altcoin is on fire, with blockchain whales and crypto buyers rushing into its presale. Since its debut, JetBolt has sold more than 280 million tokens. 

The not-so-secret sauce behind the JetBolt presale frenzy is its game-changing features. JetBolt offers innovative ways to address some of today’s most prominent blockchain challenges. 

One of JetBolt’s most interesting features is zero-gas technology, which completely eliminates gas fees for all blockchain interactions. With this revolutionary feature, users no longer have to be inconvenienced by gas costs. 

Another groundbreaking feature is JetBolt’s beginner-friendly crypto-staking system, which allows stakers to earn rewards by staking their tokens and by connecting and engaging on JetBolt’s platform. 

Additionally, JetBolt combines blockchain technology and cutting-edge artificial intelligence to deliver a revolutionary crypto content aggregation tool. JetBolt’s AI-powered tool gathers and showcases some of the trendiest crypto stories, blockchain news, and displays snippets of these in an easy-to-read format. 

Aside from inventive features, JetBolt’s attractive presale rewards appear to be piquing buyers’ interest. Early JBOLT token acquisition gives purchasers the chance to get extra tokens when they buy tokens in Alpha Boxes or by purchasing tokens in batches.

Conclusion — Bitcoin’s Fresh ATH and JetBolt’s Massive Whale Traction

Amid the positive momentum sweeping through the crypto market, it’s no surprise that Bitcoin registered a fresh ATH on January 21. However, Bitcoin’s journey toward the monumental $250,000 milestone remains uncertain, as it hinges on aligning with other market conditions and sustaining its current bullish trajectory. Meanwhile, JetBolt’s distinctive features and presale milestones continue to captivate buyers, signifying the market’s appetite for young and innovative altcoins.

Visit the official JetBolt website for more information on the next-gen altcoin JetBolt. 

This article is not financial advice. All crypto assets carry risks and they can also be highly volatile. Always ensure you do thorough research before engaging with any cryptocurrency.