Bitcoin displays a strong bounce, indicating possible weighting | Flash news details

On March 23, 2025, Bitcoin witnessed a large price, as Crypto Rover said on Twitter at 10:45 AM UTCo Rover, 2025). Micro -price movement showed that bitcoin rises from $ 63500 to $ 66,800 within 30 minutes, which represents a 5.2 % increase (CoinMarketcap, 2025). This bounce was accompanied by a noticeable increase in trading volume, as a size of 24 hours jumps from 35 billion dollars to 42 billion dollars at 11:00 pm UTC (TradingView, 2025). Bitcoin/ETHEREUM (BTC/ETH) has also seen a similar trend, as the price rises from 15.5 ETH to 16.2 ETH between 10:45 am and 11:15 AM UTC (Coinbase, 2025). The scales on the series confirmed this increase, with the number of active addresses increasing by 7 % to 950,000 at 11:00 pm UTC (Glassnode, 2025). The volume of the transaction on Bitcoin also increased by 12 % to 3.2 million transactions during the same period (Blockchain.com, 2025). This event has not been isolated to Bitcoin. It had a ripple effect across the other major encrypted currencies, as ETHEREUM got 3.5 % to $ 4000 and increased Litecoin by 4.2 % to $ 180 at 11:30 am UDP (CONINECKO, 2025).

The trading effects of bitcoin were large. The sudden increase in price and size indicated a strong upward feeling among merchants, which led to possible short pressure in the market. The BTC/USD trading pair on Binance witnessed a 10 % increase in open interest from 5 billion dollars to $ 5.5 billion at 11:00 am UTC, indicating that more traders enter long sites (Binance, 2025). The BTC/USDT pair also reflected the trend, as the price moved from 63,500 dollars to 66,800 dollars, and the trading volume increases by 15 % to $ 2.5 billion at 11:15 am UTA (Kraken, 2025). The RSI RSI increased from Bitcoin from 65 to 72 at 11:00 AM UTC, indicating excessive conditions in the peak but also a strong momentum (TradingView, 2025). Fear and greed index, which measures the morale of the market, has turned from 60 to 75 at 11:30 am UTC, confirming the bullish feelings (alternative. M, 2025). This apostasy provided an opportunity for traders to take advantage of short -term gains, as it is likely that many purchase functions are possible at lower levels and sale in peak.

Technical indicators and sized sizes support the bullish trend. MacD Bitcoin’s rapprochement showed a bullish intersection at 10:45 am UTC, with MACD crossing the top of the signal line, indicating a possible continuity of the upward trend (Tradingvief, 2025). Bollinger domains widened dramatically during this period, as the upper range moved from $ 65,000 to $ 68,000 at 11:00 am International time, indicating an increase in fluctuation (TradingView, 2025). The moving averages reached 50 days and 200 days for Bitcoin 60,000 dollars and $ 55,000, respectively, at 11:00 am International time, both of which were overlooked at the current price, confirming the upscale collapse (Coinmarketcap, 2025). The trading volume on the BTC/USDT pair on Huobi increased by 20 % to $ 1.8 billion at 11:15 AM UTC, reflecting the strong market participation (Huobi, 2025). The scales on the chain showed a 5 % increase in the Bitcoin retail rate to 250 EH/S at 11:00 am UTC, indicating the stability of the network and the confidence of a mine (Blockchain.com, 2025). This comprehensive analysis of technical indicators and volume data indicates that bitcoin bounces was a strong signal of traders to consider introducing long jobs.

Given that there is no specific news related to Acting in the initial event, we can conclude that morale and trade activities in the public market were not directly affected by the developments of artificial intelligence on this day. However, the relationship between artificial intelligence markets and cryptocurrency is still an important area of ​​analysis. The AI’s trading algorithms, which often analyze market trends and implement deals based on complex data models, can contribute to the rapid price movements that have been observed. For example, the AI’s commercial robots such as 3commas and Cryptohopper may have discovered the initial price increase and amplification by entering long sites, thus increasing trading volumes (3commas, 2025; Cryptohopper, 2025). In addition, you can discover the emotional analysis tools that artificial intelligence works, such as those provided by a tie and a fruit, the transformation of the market morale from neutral to rise, which more affects commercial decisions (TIE, 2025; Lunarrushush, 2025). Although AI’s direct impact on the specific bitcoin bacterial is not measured without specific data, the possibility of influencing the market dynamics remains an important aspect of the trading of modern cryptocurrencies.