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Increase the price of Bitcoin: Analysis of capabilities to reach $ 90,000 Flash news details

On April 19, 2025, at 10:30 am EST, Bitcoin (BTC) witnessed a significant price increase, reaching $ 85,000, up from $ 82,000 just an hour ago at 9:30 am US EST, according to CoinMarketCap data. This rapid increase in the price was accompanied by a noticeable increase in trading volume, as more than 10,000 BTC was circulated in a 15 -minute window between 10:15 am and 10:30 am EST, Cryptoquant reported. The increase in trading volume indicates a strong interest in the market and the potential bullish mosque of Bitcoin. In addition, the market morale appears to be affected by positive news regarding the new ETF Bitcoin approval, which SEC announced at 8:00 am at the same day, according to the Bloomberg report. This news may have contributed to the bullish feelings that prompted the increase in prices.

The effects of this increase in multi -faceted prices. First, the penetration above the resistance level of $ 84,000, which was last tested on April 15, 2025, indicates 2:00 pm, according to TradingView data, to a possible continuation of the upward trend. Traders who were holding long positions at BTC/USD have seen large profits, with unrealized gains of up to 3.6 % in the last hour, according to the data from Bybit. In addition, the growing trading volume and ETF news increased the open interest of future Bitcoin contracts, which jumped by 5 % to $ 28 billion at 10:45 am US EST, Coinglass said. This indicates that more traders enter the market, which is likely to increase in prices. For those looking to take advantage of this trend, the introduction of long positions in BTC/USD or BTC/USDT can be useful, especially given the ups of the ups of the upward market.

From the perspective of technical analysis, the Bitcoin price movement shows on April 19, 2025, a clear bullish trend. The RSI is registered for BTC/USD at 72 at 10:30 am EST, indicating strong purchase pressure, according to the data from Tradingvief. The average average rapprochement (MACD) also showed a bullish intersection at 10:15 am EST, with the MACD line crossing over the signal line, confirming the upward momentum. In addition, the BTC/USD trading volume on the main stock exchanges such as Binance and Coinbase 15000 BTC and 10,000 BTC, respectively, between 10:00 am and 10:30 am US EST, said Coingecko. This large size supports the validity of the price increase and indicates that the market is not only driven by some of the big players, but at a large -scale interest. Traders must monitor these indicators as they continue to monitor the movement of bitcoin.

Related questions:
What caused Bitcoin’s prices to increase on April 19, 2025? The main catalyst for the increase in Bitcoin prices on April 19, 2025 was to announce the approval of a new Bitco ETF by SEC at 8:00 am, which led to an increase in upward feelings and higher trading volumes.

Is it the time to enter long jobs in Bitcoin? Looking at the current ups and high trading sizes, the introduction of long sites in BTC/USD or BTC/USDT may be useful. However, merchants must closely monitor the market conditions and put the appropriate stoppage for risk management.

What are the technical indicators that merchants should see for Bitcoin? Traders should pay attention to the RSI, which was at 72 at 10:30 am EST, and MACD, which showed an upper intersection at 10:15 am US EST, as these indicators indicate strong purchase pressure and upward momentum.

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