The expected instant bitcoin price movement Flash news details

On March 2, 2025, Bitcoin witnessed a remarkable price movement, according to Coinmarketca, with a rise in the price from $ 62345 at 10:00 am to $ 64500 by 12:00 pm UTC, with a 3.45 % meson within two hours (Source: Coinmarketcap, 2 March, 2025). This increase was accompanied by a significant increase in trading volume, which increased from 12.5 billion to 16.8 billion dollars during the same period (Source: Coingecko, March 2, 2025). The catalyst for this movement was attributed to a tweet by Crypto Rover, which alluded to a leading event during the next 24 hours, causing speculation madness among merchants (Source: Twitter, Crypto Rover, 2 March 2025). In addition, the Bitcoin dominance index, which measures the maximum Bitcoin market as a percentage of the total maximum coding currency market, increased from 42.1 % to 43.2 % during this period (Source: Tradingview, 2 March 2025). This event also had ripples on other major cryptocurrencies, with ETHEREUM vision increased prices from $ 3200 to $ 3,280 (Source: CoinMarkcap, 2 March 2025), and Litecoin rises from $ 150 to $ 155 (Source: Coinmarketcap, 2 March, 2025). The scales on the chain indicated that active addresses rise from 850,000 to 920,000, indicating an increase in network activity (Source: Glassnode, 2 March 2025). The retail rate remained stable at 350 EH/S, indicating that there are no major changes in mining activity (Source: Blockchain.com, March 2, 2025). This sudden increase in Bitcoin and its size indicates a market that responds to speculative news, as traders themselves in anticipation of more developments.

The effects of this event are important. The sharp increase in bitcoin and its size indicates a high level of market attention and the possibility of more fluctuations. The height of the Bitcoin domination indicates a shift in the investor’s confidence towards Bitcoin, and perhaps at the expense of Altcoins (Source: TradingView, 2 March 2025). This may lead to a short -term gathering in the price of Bitcoin, as traders may see that this is an opportunity to enter the market before the expected event. The increase in ETHEREUM and Litecoin prices, albeit smaller, indicates a broader transformation in the market, as investors diversify their portfolios in response to the increase of Bitcoin (Source: Coinmarketcap, 2 March 2025). The scales on the series, such as the increase in active addresses, indicate an increasing interest in bitcoin transactions, which can support price increase if they are sustainable (Source: Glassnode, 2 March 2025). Merchants must monitor the next event closely, as it can verify the validity of the current upward feelings or lead to a rapid reflection if the event does not meet the market expectations. The stable retail rate indicates that miners do not interact with price increase, which may indicate lack of concern about short -term fluctuations (Source: Blockchain.com, 2 March 2025). In general, merchants must be prepared for potential fluctuations and consider risk management strategies.

From the perspective of technical analysis, the Bitcoin price movement on March 2, 2025 penetrated the main resistance level at $ 63,500, which was tested several times in the previous week (Source: Tradingview, 2 March 2025). The Relative Power Index (RSI) moved from 65 to 72, indicating an increase in momentum and potential conditions in the Al -Tuwefu region (Source: TradingView, 2 March 2025). The difference in moving average rapprochement (MACD) showed a bullish intersection, supporting more bullish trend in the short term (Source: TradingView, 2 March 2025). Increasing trading volume from 12.5 billion to $ 16.8 billion in two hours confirm the market’s reaction to speculative news (Source: Coingecko, March 2, 2025). Bolinger’s ranges expanded, indicating an increase in volatility, as the upper range moved from $ 63,000 to $ 65,000 (Source: TradingView, 2 March 2025). The moving averages remained for 50 days and 200 days less than the current price, indicating a strong up -to -term upward upward trend (Source: TradingView, 2 March 2025). Merchants should monitor potential decline operations to the level of $ 63,500, which can serve as new support if the upward trend continues. The combination of these technical indicators and the increase in size indicates a market for more upscale movement, but traders must remain cautious about possible implications if the expected event is not achieved as expected.