Bitcoin Edit, which predicted the M2 supply analysis | Flash news details

On April 20, 2025, Bitcoin failed to penetrate the level of decisive resistance, according to Michaël Van De Poppe on Twitter (Source: Twitter, Cryptomichnl, April 20, 2025). The resistance level is specified at $ 75,000, with Bitcoin’s currency reached $ 74,950 at 14:30 UAE time before recovery to $ 73,800 by 15:00 UTC (Source: Coinmarketcap, April 20, 2025). This event is important because it indicates a strong resistance area that merchants need to monitor closely. The M2 Money Data, which tracks cash, examining deposits, and easily transferred near the money, indicates that the hack may be imminent. According to the recent federal reserve report, M2 increased by 0.5 % in March 2025, reaching 21.5 trillion dollars (Source: Federal Reserve, March 2025). This increase in liquidity can support more investment in encrypted currencies, which may push Bitcoin via the $ 75,000 brand in the near future.

Failure to penetrate the resistance level of $ 75,000 has immediate trading effects. On April 20, 2025, Bitcoin’s trading volume rose to 25000 BTC on the main stock exchanges such as Binance and Coinbase, up from 18,000 BTC in the previous week (Source: CryptocCOSPARE, April 20, 2025). This rise in size indicates an increase in interest and the possibility of increased volatility. For merchants, this provides opportunities and risks. Bitcoin’s pair to the US dollar (BTC/USD) witnessed a 2 % increase in trading volume, while Bitcoin’s pair to ETHEREUM (BTC/ETH) witnessed a rise of 1.5 % (Source: Coingecko, April 20, 2025). The scales on the series also reveal that the number of active headlines on the Bitcoin network increased by 10 % to 1.2 million on April 20, 2025, indicating that the growing network activity and a potential bullish feeling (Source: Glassnode, April 20, 2025). Traders should observe these factors when planning their following movements, as the market dynamics turn quickly.

Technical indicators provide more insight into the current state of Bitcoin. On April 20, 2025, Bitcoin RSI (RSI) was 68, indicating that the original approaches the peak of purchase but is still within a reasonable scope (Source: Tradingvief, April 20, 2025). The difference in moving average rapprochement (MACD) showed a bullish intersection on the same day, with the MACD line crossing over the signal line, indicating a possible ascending momentum (Source: TradingView, April 20, 2025). The moving average for 50 days for bitcoin reached $ 72,000, while the moving average for 200 days was at $ 68,000, indicating that the upward trend as the average is the shortest period higher than the longest long -term average (source: Coinmarkcap, April 20, 2025). In addition, the Bitcoin trading volume on April 20, 2025 was much higher than an average of 30 days, with a volume of 25,000 BTC compared to an average of 18,000 BTC (Source: CryptocCOCOMPare, April 20, 2025). These technical indicators and size data indicate that bitcoin may be ready to penetrate, but traders must remain careful and closely monitor the market.

Related questions:
What is the current level of resistance to Bitcoin? The current resistance level for Bitcoin is $ 75,000, as it failed to penetrate this level on April 20, 2025.
How did the M2 money offer affected the Bitcoin price? The M2 Money offer increased by 0.5 % in March 2025, which may increase investment in encrypted currencies, pushing Bitcoin after $ 75,000.
What are the main technical indicators of Bitcoin on April 20, 2025? On April 20, 2025, the 68 -year -old Bitcoin was RSI, and MACD showed a bullish intersection, and the moving average was 50 days at $ 72,000, while the moving average was 200 days at $ 68,000.