During the US trading session, Bitcoin’s price surged to an intraday high of $106,500, before stabilizing at $105,336, reflecting a 0.83% increase over the past 24 hours. The shift in sentiment plays a crucial role, as concerns over Bitcoin’s energy consumption are diminishing amidst the rising energy demands of artificial intelligence (AI). With institutional investors actively purchasing, Bitcoin could be poised for a rally toward $250,000.
AI’s Energy Appetite Shifts Spotlight From Bitcoin
Bitcoin has long been scrutinized for its energy consumption, which stands at approximately 176 terawatt-hours (TWh) annually. However, a recent Joule study suggests that AI’s energy demands could soon surpass Bitcoin’s, projecting that AI may account for 49% of global data center electricity usage by 2025, totaling around 201 TWh per year.
Industry specialists, including Alex de Vries-Gao, highlight that AI’s rapid expansion is fueled by major tech corporations scaling their infrastructure, often without full transparency regarding energy consumption.
The growing demand for AI hardware is evident, with Nvidia securing nearly 48% of Taiwan Semiconductor’s chip packaging capacity to meet increasing requirements.
Meanwhile, Elon Musk’s xAI initiative aims to establish one of the largest AI superclusters, further amplifying concerns about energy usage.
As attention shifts from Bitcoin’s energy footprint to AI’s consumption, Bitcoin’s environmental reputation among investors has improved, contributing to its renewed momentum.
Institutional Confidence Drives Bullish Outlook; Bitcoin Supported?
Adding fuel to Bitcoin’s rally is The Blockchain Group’s recent acquisition of 624 BTC worth $68.7 million, bringing its total holdings to 1,471 BTC, valued at over $106 million.
The company plans to acquire 260,000 BTC by 2033, reflecting robust institutional confidence in Bitcoin’s long-term prospects.
- Year-to-date BTC yield: 1,097%
- ALTBG stock performance: +168% (monthly), +873% (YTD)
Such strong institutional backing highlights the growing acceptance of Bitcoin as a serious long-term investment, with potential as a hedge against economic volatility.
Bitcoin Technical Setup Points to $250K Potential
Bitcoin’s price outlook remains neutral as it forms a tightening symmetrical triangle on the 2-hour chart, with dynamic support from the 50-period exponential moving average (EMA) near $105,295.
Candlestick formations, such as doji and spinning tops, indicate market indecision and a potential reversal, while the MACD is shifting bullish, signaling an impending crossover.
- Entry: Buy above $106,571 upon confirmation.
- Target: $108,933, with a possible surge toward $250,000 as key catalysts align.
- Stop-loss: Below $105,215 to mitigate risk.
The convergence of AI’s growing energy demands, improved sentiment, and strong institutional interest strengthens the case for Bitcoin’s next major move toward $250,000.
BTC Bull Token Presale Nears $7.8M Cap as 61% APY Staking Attracts Investors
With BTC/USD hovering around $105K, investor focus is increasingly turning to altcoins, particularly BTC Bull Token ($BTCBULL). As of today, the presale has amassed $6,772,528.93 out of its $7,789,647 cap, leaving just over $1 million before the next price increase.
BTC-Pegged Rewards and Supply Burns Drive Scarcity
BTC Bull Token employs an innovative mechanism that directly links rewards to Bitcoin’s price movements:
- BTC Airdrops: Token holders receive Bitcoin rewards, with presale participants given priority.
- Supply Reductions: Each $50,000 increase in Bitcoin’s price triggers a burn of $BTCBULL tokens, reducing supply and supporting value.
- Current Token Price: $0.002545, set to rise as the presale cap approaches.
This model combines dynamic rewards with built-in scarcity, ensuring that $BTCBULL’s value remains closely tied to Bitcoin’s performance.
61% APY Staking Pool Without Lockups
BTC Bull Token’s staking pool boasts an attractive 61% APY, currently holding 1,731,936,103 $BTCBULL. Key advantages include:
- No Lockups or Fees: Investors can freely stake and unstake their tokens without penalties.
- Full Liquidity: Funds remain accessible at any time, unlike traditional DeFi lockups.
- Consistent Yields: Token holders earn passive income, unaffected by market fluctuations.
This setup caters to both experienced DeFi investors and newcomers looking for straightforward yield opportunities.
Momentum Builds Ahead of Presale Cap
With less than $1 million remaining before the BTCBULL presale concludes, buyers are acting swiftly. The token’s BTC-linked rewards, strategic burns, and high-yield staking are fueling strong participation. This presale presents a chance to enter before the next price increase, especially as Bitcoin’s price action gains momentum.
Key Highlights:
- USDT Raised: $6,772,528.93 / $7,789,647
- Token Price: $0.002545
- Total Staking Pool: 1.73 billion $BTCBULL
- Staking APY: ~61%
As BTCBULL nears its hard cap, investor interest continues to grow. With the presale window closing rapidly, this may be the final opportunity to secure the current price before the next increase.