Bitcoin price is higher than 111sma and a long -term holder, indicating a possible reflection in 2024 | Flash news details

Bitcoin has recently achieved a large milestone by breaking two decisive resistance levels, indicating a potential upward continuation in the encrypted currency market. As of May 1, 2025, at 10:00 AM UTC, the Bitcoin price increased until the simple moving average for 111 days (SMA) at 91,300 dollars, and the short -term pregnant woman achieved $ 93,200, according to the data that CAS abbé encryption analyst shares on Twitter (Source: Twitter, 1 May, 2025). This penetration is particularly noticed because it reflects a similar recovery in October 2024, when Bitcoin regained these levels after a three -month declining trend, which sparked a reflection that led to great gains (Source: Cas Abbé Twitter, May 1, 2025). At the time of writing this report, Bitcoin is trading at $ 94,500 on major stock exchanges such as Binance and Coinbase, which reflects an increase of 3.2 % over the past 24 hours as of May 1, 2025, 12:00 pm UTC (Source: CoinMarketcap, 1 May 2025). The trading volume also increased, as Binance was $ 2.8 billion for BTC/USDT, an increase of 18 % over the previous day (Source: Binance Exchang Data, May 1, 2025). The data on the series of Glassnode supports this momentum, which indicates an increase of 12 % in the active headlines, reaching 1.1 million as of May 1, 2025, 11:00 am World time, indicating the increasing network participation (Source: Glassnode, May 1, 2025). For traders looking for bitcoin price analysis or BTC resistance levels in 2025, this development indicates a strong upward feeling that can be paid besides if it continues.

The trading effects of Bitcoin break these resistance levels are great for all of the market participants in the short and long -term term. As of May 1, 2025, 1:00 pm UTC, the breach of more than 93200 dollars, and the pregnant woman in the short term indicates that many new buyers are now in profit, which reduces the pressure pressure, and may carry more gains (source: glass standards on the chain, May 1, 2025). This level was historically as a psychological barrier, and it is often preceded by the extended gatherings, as shown in October 2024 (Source: Cas abbé twitter, May 1, 2025). For trading pairs, BTC/ETH shows on Binance that bitcoin is gaining by 2.5 % against ETAREUM in the past 24 hours as of May 1, 2025, 2:00 pm UTC, with a trading volume of $ 850 million, which reflects a strong relative force (Source: Binance exchange data, May 1, 2025). In addition, BTC/USDC recorded on Coinbase a volume of $ 1.2 billion, an increase of 15 % over yesterday, indicating a strong Stablecoin flow to Bitcoin (Source: Coinbase exchange data, May 1, 2025). The scales on the series of the Cryptoquant series reveal an increase of 9 % in the Netlows exchange, with a deposit of 25000 BTC exchanges from May 1, 2025, 12:30 pm UTC, indicating the achievement of profits but also increasing liquidity for more purchase (Source: Cryptoquant, May 1, 2025). Traders looking for Bitcoin or BTC trading strategies in 2025 should consider the positioning of potential goals near $ 98,000, which is the following main resistance that depends on the historical retreat levels Vibonacci (Source: TradingView analysis, May 1 2025).

From a technical perspective, Bitcoin price procedures are supported by many major indicators starting from May 1, 2025, 3:00 pm UTC. The Relative Power Index (RSI) on the daily graph is 68 years, and approaches the peak of purchase but still indicates a space for the upscale movement before the possible withdrawal (Source: TradingView, May 1, 2025). The difference in moving average rapprochement (MACD) shows a bullish intersection, with the signal line crossing over the MACD line on April 30, 2025, at 11:00 pm UTC, enhancing upward momentum (Source: TradingView, May 1, 2025). Size analysis also confirms that the penetration, with 24 -hour trading volume of $ 45 billion in all stocks, an increase of 20 % over the previous day, as mentioned on May 1, 2025, 2:30 pm UTC (Source: Coingecko, May 1, 2025). For specific husbands, BTC/USDT has seen OKX $ 1.5 billion in size, an increase of 22 % over the past 24 hours, while BTC/ETH recorded Kraken 600 million dollars, an increase of 10 %, both from May 1, 2025, 1:30 pm UTC (Source: OKX and Kaken Data exchange, 1 May 2025). The data on the InTotheblock series shows that 75 % of Bitcoin holders win at the current levels, which is a bullish sign from May 1, 2025, 11:30 am UTO (Source: Inteothblock, May 1, 2025). Although direct news related to this is not affected by this, this specific bitcoin morale, the broader market morale is still affected by the trading algorithms driven by artificial intelligence, where reports indicate that the trading association of artificial intelligence contributed to 30 % of the volume of encryption trading in the first quarter of 2025, which is likely to settle on price movements during Longs such as this (Coindsk Source, April 2025). For those who explore the technical analysis of Bitcoin or BTC size in 2025, monitoring these indicators besides market dynamics driven by artificial intelligence can reveal strong trading opportunities.

Common Questions section:
What are the main resistance levels that broke Bitcoin on May 1, 2025?
Bitcoin collapsed over SMA, which lasted 111 days at 91300 dollars, and its short -term holder achieved the price at 93,200 dollars on May 1, 2025, according to Cas Abbé (Source: CAS abbé Twitter, May 1, 2025).

How was the trading volume reaction with Bitcoin on May 1, 2025?
The trading volume increased dramatically, with Binance 2.8 billion dollars for BTC/USDT, an increase of 18 %, the market size of 45 billion dollars, an increase of 20 %, as of May 1, 2025 (Source: Binance and Coingecko exchange data, May 1, 2025).