Bitcoin (BTC) Price Prediction: Why is BTC Crashing and Can it Get Back to $100k as JetBolt Continues Rising

Bitcoin is struggling to reclaim the $90,000 mark, facing strong resistance as market uncertainty grows.

Bitcoin is struggling to bounce back above the $90,000 mark as sellers keep the pressure on, despite a brief spike in trading volume. Investors, who once saw BTC as unstoppable, are now growing weary and contemplating the short-term direction of the crypto giant. As the crypto markets face increasing volatility and liquidations pile up, some are looking elsewhere for the next big opportunity. Could Bitcoin be losing its edge, or is this just a temporary setback before another surge?

Among the new projects emerging in the oversold market, JetBolt (JBOLT) continues to rise, having already sold nearly 335 million tokens since launch. Its groundbreaking zero-gas technology and AI-driven insights are attracting attention from both whales and developers.

Why is BTC crashing and can it get back to $100K as JetBolt’s presale sells out rapidly? Let’s take a closer look.

Bitcoin Struggles to Bounce Back Above $90K

Bitcoin is struggling to bounce back above the $90,000 mark as sellers keep the pressure on despite a brief spike in trading volume.

Investors, who once saw BTC as unstoppable throughout January, are now growing weary as the crypto giant faces setback after setback in breaking key resistance levels. Concerns over U.S. interest rate policies, geopolitical tensions, and the strengthening dollar have also weighed on investor sentiment.

To make matters worse, the liquidation of $337 million in long positions on Wednesday is shaking investor confidence further. However, not everyone is giving up yet. A slight uptick in BTC’s funding rate suggests that some traders are still optimistic about a comeback.

However, with global events unfolding rapidly and economic policies shifting frequently, the market is becoming increasingly chaotic. If Bitcoin drops below $81,000, it could spiral down to $77,000 or even $70,000. But if it manages a solid rebound, we might see a push toward $89,000 soon. Some experts remain hopeful, predicting a climb past $125,000 by late March.

For now, though, Bitcoin’s fate is in the hands of market forces, and traders can do little but wait and watch as the crypto giant faces a pivotal moment in its journey.

JetBolt’s Momentum Soars As Nearly 335M Presale Tokens Sell Out Quickly

While Bitcoin tries to climb back to $90K, another project is making waves in the oversold market. JetBolt (JBOLT) has already sold nearly 335 million tokens since launching its presale, emerging as a new contender in the oversold market.

With its unique features and strong market entry, JetBolt is quickly gaining attention from both whales and developers.

Built on the Skale Network, JetBolt stands out with its groundbreaking zero-gas technology. This innovation makes it an optimal choice for developers working on dApps, Web3 applications, and blockchain gaming.

Transaction speed is another key aspect of JetBolt. It processes payments at lightning speed, aiming to provide a seamless and efficient blockchain experience. Complementing this is JetBolt’s next-gen Web3 wallet, designed with biometric logins, facial recognition, and self-custodial security to enhance usability for both new and experienced users.

Going beyond transactions, JetBolt integrates an AI-powered tool that delivers blockchain news and insights based on market sentiments to keep users informed.

JetBolt also adds an interactive twist to staking with its Proof of Attendance and Worth (PAW) protocol. This system encourages users to log in daily, participate in staking, and engage on social media to earn additional rewards.

To amplify the opportunity for early participation, JetBolt’s presale offers up to 25% bonus tokens for early adopters through its Alpha Box bundles. As the project rapidly approaches the final stages of its presale, the time window for securing these bonuses is closing.

With its soaring momentum, whale interest, and a unique value proposition, JetBolt is weaving an interesting tale within the broader crypto narrative.

For more details on JetBolt, visit its official website.

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