Bitcoin bounces imminent: commercial visions and analysis Flash news details

On April 15, 2023, at 10:00 am UTC, Bitcoin (BTC) witnessed a large price movement, which wore a decrease of $ 27,500 to $ 28,200 within 30 minutes, according to data from Coinmarketcap. This bounce was accompanied by an increase in trading volume, as more than $ 1.2 billion was traded in BTC on the main stock exchanges during this period, as CryptocCcompare said. This event has been run through a set of factors, including positive news from SEC in relation to the possible ETF approvals and the public market morale turns into assets on risk, as Bloomberg Intelligence was noted on April 14, 2023. The bounce was particularly noticeable on the BTC/USD trading pair, as the price increased by 2.54 % in time for accuracy. In addition, the scales on the chain showed a significant increase in the active headlines, increasing from 750,000 to 820,000 in the same window for 30 minutes, according to Glassnode.

The effects of this multi -side apostasy. First, the growing trading volume indicates an interest in the strong market in BTC, which may indicate the beginning of the upper trend. The size of the pair on the BTC/USD pair alone reached $ 800 million during the bounce, as CONINICKO stated on April 15, 2023. This may lead to an increase in prices if the momentum continues. Moreover, a ripple effect on other major encrypted currencies, with ETHEREUM (ETH) and Binance (BNB) that also suffers from a price increased by 1.8 % and 2.2 %, respectively, in the same timetable, according to data from Coinmarketcap. The relationship between BTC and this Altcoins highlights the interconnection in the encryption market. Traders may consider taking advantage of this link to diversify their wallets, especially in light of the increasing market fluctuations, and a recent report issued by Kaiko on April 14, 2023 proposed.

Technical indicators at the time of apostasy presented more ideas about the market direction. BTC has moved from 45 to 58 during the bounce, indicating a transformation from a neutral condition to a slightly peak peak, according to TradingView data on April 15, 2023. The average moving medium diverge (MACD) also showed a fasting intersection, with the expression of the MACD line over the signal line, which indicates the potential Al -Saudi, according to data from Data. In addition, the volume of trading on the BTC/USDT pair on Binance 400 million dollars during the bounce, confirming more market interest, as Binance mentioned on April 15, 2023. Standards on the series such as the MVRV ratio, which measures the market value to limited value, from 1.2 to 1.3 during the active, indicating the possibility of analogy in BTC.

Regarding AI’s news, on April 14, 2023, NVIDIA announced a new AI platform that can enhance Blockchain technology, according to Reuters. This news had a direct impact on the prosecutor’s distinctive symbols such as Singularitynet (AGIX), which witnessed a 3.5 % price increase within 24 hours of advertising, according to CoinmarketCap data. The relationship between artificial intelligence developments and the morale of the encryption market is clear, as the total market value of artificial intelligence symbols increased by 2.1 % on the same day, for each Messenger. This development can lead to an increase in trading volumes in the symbols associated with the Acting, as traders may see this as an opportunity to invest in the intelligence intelligence intersection and Blockchain. Agix trading volume increased on the main stock exchanges such as Binance and Kucoin by 15 % after the announcement, as CryptocCcompare said on April 15, 2023. This indicates an increasing interest in cryptocurrencies driven by artificial intelligence, which may affect the wider market trends.

Instructions:
What caused the last bitcoin price to bounce? The last bitcoin price was operated on April 15, 2023, through positive news from SEC with regard to possible ETF approvals and the public market morale turns into assets on risk assets, stated by Bloomberg Intelligence on April 14, 2023.
How did the apostasy affect other cryptocurrencies? The apostasy had a ripple effect on other major encrypted currencies, where ETHEREUM (ETH) and Binance (BNB) suffered from price rise by 1.8 % and 2.2 %, respectively, in the same time frame, according to data from Coinmarkcap on April 15, 2023.
What are the technical indicators that supported the apostasy? BTC has moved from 45 to 58 during the bounce, indicating a transformation from a neutral condition to a slightly peak peak, and the difference of moving average rapprochement (MACD) showed a bullish intersection, according to TradingView data on April 15, 2023.
How did AI news affect the encryption market? On April 14, 2023, the NVIDIA announcement of a new Amnesty International platform increased by 3.5 % in Singularitynet (AGIX) within 24 hours, and the total market value of artificial intelligence symbols increased by 2.1 %, according to Coinmarketcap data.