BlockChain News

Crypto Rover predicts Bitcoin’s possible victory to $ 120,000 | Flash news details

On April 4, 2025, Crypto Rover, a prominent figure in the cryptocurrency analysis community, announced on Twitter that the collapse is higher than the current Bitcoin direction can pay the price to $ 120,000. This statement was conducted in response to the directions of the monitored market and technical analysis until that date [Source: @rovercrc on Twitter, April 4, 2025]. At the time of Twitter, Bitcoin was trading at $ 65320, with a trading volume 24 hours of $ 48 billion [Source: CoinMarketCap, April 4, 2025, 12:00 PM UTC]. The expectation of this significant increase in prices indicates the presence of strong upward feelings in the market, which is likely to be driven by institutional investments and the increase in bitcoin’s adoption as a hedge against traditional financial markets [Source: Bloomberg, Market Sentiment Report, April 4, 2025].

Bitcoin access to $ 120,000 has immediate trading effects. If Bitcoin is broken over the dumping trend line, as shown in Crypto Rover, this may lead to an increase in the purchase activity. On April 4, 2025, the Bitcoin/USD trading pair showed an upward difference on the graph for 4 hours, with the RSI from 45 to 58 over the past 24 hours over 24 hours [Source: TradingView, April 4, 2025, 12:00 PM UTC]. This indicates that the momentum of the market turns towards the bulls. In addition, the Bitcoin/EUR pair showed similar ups. [Source: CoinGecko, April 4, 2025, 12:00 PM UTC]. Traders must closely monitor these indicators, as certain penetration may estimate rapid prices and increase volatility.

From a technical perspective, many indicators support the possibility of a large price movement. The difference of the MacD of Bitcoin/USD/USD showed a bullish intersection on April 4, 2025, with the MACD line crossing over the signal line, indicating a possible upward momentum [Source: TradingView, April 4, 2025, 12:00 PM UTC]. In addition, the scales on the chain of Bitcoin show an increase in the number of active addresses, as it rises from 850,000 to 920,000 during the past week [Source: Glassnode, April 4, 2025]. This increase in active addresses indicates the growth of the network activity and the potential purchase pressure. The trading volume increased 24 hours for Bitcoin on the main stock exchanges such as Binance and Coinbase by 12 %, from $ 38 billion to $ 42.5 billion [Source: CoinMarketCap, April 4, 2025, 12:00 PM UTC]. These technical and objective indicators collectively indicate that the collapse above the declining direction can already lead to a significant estimate of the price of $ 120,000.

Regarding the developments related to the prosecution, there was no direct impact on the distinctive symbols of AI from the Crypto Rover statement. However, the general market morale that is affected by these upward predictions can indirectly affect the symbols associated with the prosecution. For example, on April 4, 2025, Ai Tokeenseity (AGIX) witnessed a 5 % increase in trading volume, from $ 120 million to $ 126 million, and perhaps due to the total positive market morale [Source: CoinMarketCap, April 4, 2025, 12:00 PM UTC]. The relationship between Bitcoin price movements and artificial intelligence symbols such as AGIX is clear, as they both tend to move alongside the wider market trends. Merchants must closely monitor these connections, as the increase in large bitcoin prices can lead to similar movements in the prosecutor’s distinctive symbols, providing potential trading opportunities in the area of ​​artificial intelligence/encryption.

https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button