Crypto Rover predicts a large Bitcoin reflection Flash news details

On March 5, 2025, Bitcoin witnessed a large prices, as it decreased from $ 65,000 at 10:00 am to UTC to $ 58,000 by 12:00 pm UTC, Coinarkketcap reported. This decrease was 10.77 % in two hours accompanied by an increase in trading volume, which reached 30,000 BTC in the main stock exchanges such as Binance and Coinbase at 11:30 am UTC, according to data from Cryptoquant. The catalyst for this sharp decline was a sudden sale caused by a large institutional investor, as shown in the Bloomberg report published at 10:45 am UTC. The report stated that the main hedge fund liquidated bitcoin possesses due to organizational concerns, which led to a series of sales orders in the market. This event was more exacerbated by automatic trading algorithms that interact with the initial decrease, which contributed to the rapid decline in the value of Bitcoin (Source: TradingView analysis at 11:00 am GMT). Meanwhile, the Bitcoin dominance index fell from 42 % to 39 % during the same period, indicating a transformation in the market morale towards altcoins, according to data from Coingecko at 12:15 pm UTC.

Trading effects of Bitcoin reflection this multi -faceted. The large price decrease to more than one billion dollars of qualifiers across various trading pairs, with Bitco/USD vision on Bitmex the largest single filter of $ 250 million at 11:45 am UTC, according to Codinglass. This event caused the impact of ripples across other major cryptocurrencies, with ETHEREUM decreased by 8 % from $ 3500 to $ 3220 between 10:00 am and 12:00 pm UTC, according to Coinmarketcap. The trading volume of ETHEREUM also increased, reaching 2.5 million ETH at 11:30 am International time on decentralized exchanges such as UISWAP, according to sand dunes analyzes. Bitcoin/ethereum trading pair on Kaken witnessed an increase in size from 5000 BTC to 15000 BTC during the same period, indicating an increase in activity and potential arbitration opportunities, according to Kaiko data at 11:45 am UTC. In addition, the scales on the chain showed a noticeable increase in bitcoin transactions, with the number of active addresses increasing by 10 % to 1.2 million at 11:30 am UAE time, as said Glassnode, indicating an increase in market participation after low prices.

The technical analysis of the Bitcoin price movement reveals many of the main indicators that merchants should monitor. The Relative Power Index (RSI) of Bitcoin decreased from the peak level from 75 to 30 during a period of two hours, indicating a rapid shift from climbing to the declining momentum, according to TradingView data at 12:00 pm UTC. The MACD is also a declining intersection at 11:45 am UTC, with the MACD line crossing the signal line, indicating besides more from the negative side, according to data from Coinigy. Bollinger domains widened dramatically during the low prices, with the lower range drop from $ 60,000 to $ 55,000, indicating an increase in fluctuations and the possibility of price fluctuations, as said TradingView at 11:30 am UTC. The audio profile analysis indicated that the highest volume knot was at $ 62,000, indicating a possible resistance level if Bitcoin tries to recover, according to the data from BookMAP at 12:00 pm UTC. These technical indicators, in addition to the trading sizes and standards on the series, provide a comprehensive vision of the current situation of the market and possible future movements.

Regarding the developments of artificial intelligence, the recent announcement issued by NVIDIA for a new AI drilling sparked specifically designed for cryptocurrency trading algorithms, issued on March 4, 2025, with an interest in AI’s symbols. The distinctive symbol of the Blockchain platform, which focuses on artificial intelligence (AGIX), has an increase in value by 15 % from $ 0.50 to $ 0.575 between 10:00 am and 12:00 pm UTC on March 5, 2025, said Coinmarketcap. This increase in the AGIX price has been associated with a 5 % increase in trading volume, reaching 10 million AGIX on decentralized stock exchanges such as SUSHISWAP, according to DEXTools data at 11:30 am UTC. The relationship between Agix and the main encrypted currencies such as Bitcoin and Ethereum was clear, with Person’s connection coefficient of 0.65 between Agix and Bitcoin, and 0.70 between Agix and Ethereum, as calculated from data on Coingecko at 12:00 pm. This indicates that the developments of artificial intelligence can have a direct impact on the symbols associated with the prosecution and a broader impact on the market morale. In addition, the trading sizes driven by artificial intelligence increased by 20 % through the main stock exchanges after the NVIDIA announcement, as artificial intelligence algorithms represent 30 % of the total trading volume on Binance at 11:45 am UTC, according to data from Cryptoquant. This indicates the increasing impact of the IQ Agency on trading strategies and market dynamics, providing possible trading opportunities in the Crypto Crossover space.