Bitcoin Prices Analysis: On the main horizon, BTC is looming as signs of roll formation – fluctuations – Crypto Rover | Flash news details

The cryptocurrency market disturbs with anticipation as bitcoin offers signs of large price movement. On May 2, 2025, at 10:30 AM UTC, Crypto Rover, a prominent encryption analyst on Twitter, published a tweet announcing that Bitcoin “is raising” for a “large incoming batch”, accompanied by a chart that indicates a possible interruption (Twitter, Crypto Rover, May 2). As of the latest data from CoinmarkketCAP at 11:00 am International time on May 2, 2025, Bitcoin (BTC) is traded at $ 62,450, which represents an increase of 2.3 % over the past 24 hours. This procedure follows the price of a unification period ranging between $ 60,000 and $ 62,000 during the past week, as mentioned by TradingView data on May 2, 2025, at 11:15 am UTC. The trading volume increased 24 hours for BTC by 18 %, reaching 38.5 billion dollars, indicating an increase in the market interest (Source: CoinMarketCAP, May 2, 2025, 11:00 am UAE time). In addition, the data on the series from Glassnode reveals a noticeable increase in Bitco Wallet addresses with more than 1 BTC, and rose by 3.2 % of the week to 1.02 million titles as of May 2, 2025, 9:00 am UTC (Source: Glassnode). This accumulation trend indicates an increased confidence between big investors, and is often an introduction to the work of upward prices. For trading couples, BTC/USDT recorded a $ 12.8 billion in Binance in the last 24 hours from 11:30 am UTC, while BTC/ETH on Kraken showed 1.5 % in BTC’s hegemony, trading at 20.5 ETC per BTC (Source: Binance and Krake data, May 2). These scales collectively indicate a tightening market structure, which may put the way for a large upward movement in the price of bitcoin, as it is in line with the Crypto Rover analysis. Moreover, the feelings in the market turned, as followed by the Fear & Greed Index, from “neutral” in 50 to “greed” in 68 during the past 48 hours, were recorded on May 2, 2025, at 10:00 am UTC (Source: Alternative.). This shift may lead to an amplification of the purchase pressure if the penetration is achieved, making it a decisive moment for traders who monitor the predictions of bitcoin and penetration signals.

Dive into trading effects, the current preparation provides multiple opportunities for each of the short and long -term participants in the encryption market. If Bitcoin collapsed above the 63,000 main resistance level, which has held a company since April 25, 2025, according to the data of the TradingView chart reached at 11:20 am on May 2, 2025, this may lead to a quick move about 65,000 dollars, another psychological barrier tested on April 10, 2025 (Source: TradingView). For traders, the selection of entry points can save about $ 62,800 with stoppage requests at $ 61,500 a favorable risk rate 2: 1, based on the historical fluctuations data from Coingecko as of May 2, 2025, at 11:30 am UTC. The standards on the chain support a bullish issue, where the NUPL (NUPL) climbed to 0.42 on May 2, 2025, at 9:30 am International time, indicating that the profit owners are increasing profit and less likely (Source: Source). For trading couples such as BTC/USDT and BTC/ETH, the increase in size – 15 % and 10 % over the past 24 hours as Binance and Kaken mentioned at 11:40 am UTGSts SwitCite In addition, the relationship between Bitcoin and AI’s symbols are still like RNDR and Fetch.ai (Fet) strong, as RNDR gained 4.2 % to $ 8.15 and a height of 3 % to $ 2.35 in the past 24 hours starting from May 2, 2025, at 11:45 am (Source: Coinmarket). This relationship, which is often driven by the market for technological innovation, can provide opportunities for cross -circulation if news of artificial intelligence development continues to influence the encryption market trends. Traders should monitor Crypto AI trading significantly, as positive developments in artificial intelligence applications of Blockchain can enhance relevant Altcoins along with bitcoin momentum.

From a technical perspective, bitcoin indicators correspond to a possible bullish payment. The RSI is on the daily chart at 58 as of May 2, 2025, at 12:00 pm UTC, indicating an area of ​​the biological movement before entering an arrest area above 70 (Source: TradingView). The difference in moving average rapprochement (MACD) shows a bullish intersection, with the signal line crossing over the MACD line on May 1, 2025, at 8:00 pm UTC, indicating the growing momentum (Source: TradingView). In addition, the 50 -day SIA moving average (EMA) at $ 6,200 provides strong support, with bitcoin trading above this level since April 28, 2025, according to the data reached on May 2, 2025, at 12:10 pm UTC (Source: TradingView). The size analysis confirms this view, with 20 % in the instant trading volume to $ 25.3 billion on the main stock exchanges such as Coinbase and Binance at the last 24 hours as of 12:15 pm UTC on May 2, 2025 (Source: Coinbase and Binance). The volume of transactions on the series also reflects a bullish activity, as the daily treatment of Bitcoin reaches $ 18.7 billion on May 1, 2025, at 11:59 pm UTC, an increase of 14 % over the previous day (Source: Blockchain.com). For AI-Crypto relationships, the trading volume of symbols such as RNDR and FET has increased by 22 % and 18 %, respectively, in the same period, as Coinmarketca said at 12:20 pm UTC on May 2, 2025, which is likely to be optimistic about Blockchain AI-RARER solutions. Traders who seek to obtain Bitcoin Breakout strategies or investment opportunities in artificial intelligence should monitor a continuous volume higher than average, as this precedes large price attacks. Since the market expects the following Bitcoin step, staying update data in actual time and morale transformations will be it is very important to take advantage of this possible gathering.

Common Questions section:
What are the key levels that should be monitored for penetration in Bitcoin on May 2, 2025?
Bitcoin’s critical resistance level is $ 63,000, the last time it was tested on April 25, 2025, according to Tradingvief data that was reached at 12:30 pm UTC on May 2, 2025. It may target a $ 65,000 break, while support in EMA keeps 50 days worth $ 61,200.

How are AI’s associated symbols performed alongside Bitcoin on May 2, 2025?
Artificial intelligence symbols such as the distinctive symbol (RNDR) and Fetch.ai (Fet) show a power, as RNDR rose by 4.2 % to $ 8.15 and an increase of 3.8 % to $ 2.35 in the past 24 hours as of 11:45 am International time on May 2, 2025, with the distinctive data of metal, which reflects the existence of a positive relationship with the Bitcoin share.