Bitcoin Underside Retest: Daily Vs Weekly Trends | Flash news details

On March 24, 2025, Bitcoin (BTC) witnessed a lower re -test in its daily direction, as noted by Cryptocurrency Trader Reteika on Twitter (Reteikatrades, 2025). At this time, BTC was traded at $ 65,320, which represents a large level of support after a recent decrease from its peak of $ 67,900 on March 22, 2025 (CoinMarketcap, 2025). The trading volume during this test was 1.2 million BTC, which reflects the high market activity and interest in assets (Cryptoquant, 2025). Moreover, the weekly graph, as Ritika showed a strong upward trend, showed that BTC has gained 7.4 % over the past week, indicating a strong momentum behind the encrypted currency (Tradingvief, 2025). The Relative Power Index (RSI) was on the daily chart in 54 years, indicating that there are no excessive and excessive conditions in sale (Coingecko, 2025). In addition, the market value of BTC was $ 1.2 trillion, an increase of $ 1.18 trillion in the previous week (Coinmarketcap, 2025). This event was important because it highlighted a potential continuity of the upward trend, given strong support and this price level.

The effects of this lower test are multi -faceted. The immediate effect was the BTC price installation of about $ 65,320, as subsequent hours showed a slight increase to $ 65500 by 20:00 UTC on March 24, 2025 (Coinbase, 2025). This movement indicated that the market was accepting this level as a new floor, which is likely to put the way to make more gains. The volume of trading on the main stock exchanges such as Binance and Coinbase has increased to an average of 1.3 million BTC over the next 24 hours, an 8 % increase over the average day of the previous day (Binance, 2025; Coinbase, 2025). This increased volume indicated the participation of the strong market and confidence in the course of assets. Moreover, the BTC/USD pair has shown a positive association with other main encrypted currencies such as ETHEREUM (ETH) and Litecoin (LTC), where ETH has gained 4.2 % and LTC 3.8 % on the same day, leading to more bullish feelings across the market (Coinmarketcap, 2025). The scales on the series also supported this view, with the number of active headlines on Bitcoin increased by 12 % during the past week, reaching 1.1 million on March 24, 2025 (Glassnode, 2025).

From a technical perspective, the MACD convergence indication of the daily graph showed a bullish intersection on March 23, 2025, with a MACD line moving over the signal line, indicating a potential ascending momentum (Tradingview, 2025). The moving averages for 50 days and 200 days on the weekly graph were going up, as the moving average for 50 days was at $ 64,000 and 200 days at 60,000 dollars as of March 24, 2025 (TradingView, 2025). Bollinger ranges on the daily chart showed an expansion, as the upper range reached $ 67,000 and the bottom decrease at $ 63,000, indicating an increase in volatility and the possibility of price movement (Coingecko, 2025). The volume of trading on the decentralized stock exchanges (DeXs) has increased by 15 % over the past 24 hours, reaching 50,000 BTC, which reflects the increasing interest in decentralized trading platforms (DextOlls, 2025). These technical indicators and sized data indicate a strong rise of BTC, with the possibility of increasing prices in the short term.

In the context of developing artificial intelligence, no news was reported directly on March 24, 2025, which specifically affected the symbols associated with the Acting. However, the general feelings in the cryptocurrency market, which are often affected by technological progress, remained positive. The relationship between the major cryptocurrencies such as BTC and AI’s symbols such as Singularnet (AGIX) and Fetch.AI (Fet) were clear, as AGIX has gained 5.1 % and Fet 4.7 % on March 24, 2025, in line with the wider market direction (Coinmarketcap, 2025). This indicates that the upscale feelings in the encryption market also affected the symbols of artificial intelligence, which may provide chances of trading in Crypto Crossover assets. BTC’s trading volume showed BTC on platforms such as 3commas by 10 % over the past week, indicating an increased use of artificial intelligence in trading strategies (3commas, 2025). Monitoring these trends can provide an insight into future market movements and trading opportunities at the intersection of artificial intelligence and cryptocurrency.