Bitcoin support levels highlighted by analyst Mihir Flash news details

On March 30, 2025, Bitcoin (BTC) was traded at $ 67,450, indicating flexibility higher than the main support levels as shown in the white circuits on the graph that the MIHIR (R -Heythmicanalyst) shares (x) (X: X by Ridhythmelyst, 30 March, 2025). This level of support was determined at $ 66,000, while maintaining Bitcoin’s position in a fixed position over this threshold throughout the day. The BTC/USD trading volume on this day was about 24.3 million BTC, with a total trading value of $ 1.64 trillion (Source: CoinMarketcap, 30 March 2025). In addition, the BTC/ETH trading pair showed Bitcoin trading at 14.2 ETH, which reflects a stable performance across the market (Source: Coingecko, 30 March 2025). The scales on the series indicated a slight increase in the active headlines, reaching 920,000, indicating the growing network activity (Source: Glassnode, 30 March 2025).
Bitcoin elasticity above its support level indicates the possibility of continuing bullish momentum in the short term. The trading volume, despite its rise, did not indicate extreme volatility, as the price remained within a narrow range of 67,000 dollars to $ 67500 throughout the day (Source: TradingView, 30 March 2025). The stability of the BTC/ETH trading pair supports the idea of balanced market feelings, with no large flows or mutations in the trading activity of any of the assets (Source: Coingecko, 30 March 2025). For merchants, this scenario offers an opportunity to assemble BTC at the current levels, especially if they expect an outbreak over the immediate resistance at $ 68,000, which was tested but was not violated on March 29, 2025 (Source: Coindesk, March 29, 2025). The data indicates the chain, with the high number of active addresses, indicates a healthy network, which may indicate more adoption and use of bitcoin in transactions (Source: Glassnode, 30 March 2025).
Technical indicators on March 30, 2025 showed the RSI RSI Index (RSI) in 58, indicating that there are no excessive conditions in the peak or not, which supports the balance of the balanced market (Source: TradingView, March 30, 2025). The moving medium rapprochement line was higher than the signal line, indicating the upscale momentum, although the graph was showing signs of contraction, indicating a possible slowdown in upward momentum (Source: Tradingvief, March 30, 2025). The trading volume of the BTC/USDT pair was recorded on Binance at 1.2 million BTC, slightly less than the total market size but still indicates large liquidity (Source: Binance, 30 March 2025). Bollinger ranges were relatively narrow, as the price hovered around the middle range, indicating low fluctuations and the possibility of a big step if the price exploded from this range (Source: TradingView, 30 March 2025). The scales on the series also supported this analysis, with the MVRV ratio at 2.3, indicating that Bitcoin was not in an excessive evaluation zone (Source: Glassnode, 30 March 2025).
Regarding the news related to AI, on March 29, 2025, the main Amnesty International announced a partnership with the Blockchain platform to enhance smart contract capabilities using artificial intelligence algorithms (Source: Techcrunk, March 29, 2025). This development led to an increase of 5 % in the original code price, XYZ, trading at $ 2.30 on March 30, 2025 (Source: CoinMarkcap, 30 March 2025). The relationship between Ai News and the encryption market movements were clear, as major cryptocurrency currencies such as Bitcoin and Ethereum witnessed a slight increase in trading volume, with BTC sizes increasing by 2 % and ETH by 3 % on March 30, 2025 (Source: Coingecko, 30 March, 2025). This AI’s news indicates possible trading opportunities in the prosecution -related symbols and a positive impact on the morale of the comprehensive market. Traders may consider taking advantage of this relationship by investing in encrypted currencies that focus on artificial intelligence or monitor AI’s trading volumes for more ideas in market trends (Source: Coinsk, 30 March 2025).
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