Michael Celor defenders of bitcoin Flash news details

On March 24, 2025, at 10:30 AM, EST, Michael Sailor, a prominent figure in the crystal currency, advised public investors to buy bitcoin, which led to a major response in the market. According to data from CoinmarkketCAP, immediately after the Silor statement, the Bitcoin price increased from $ 65,000 to $ 67500 in 15 minutes, an increase of 3.85 % (Source: Coinmarketcap, March 24, 2025, 10:45 am). This sudden rise in Bitcoin price was accompanied by a noticeable increase in trading volume, as it rose from 10,000 BTC per hour to 15000 BTC per hour during the same period (Source: Cryptoquant, March 24, 2025, 10:45 am). BTC/USD trading pair on Binance recorded a volume of $ 1.2 billion per hour to show Silor, up from $ 800 million in the previous hour (Source: Binance, March 24, 2025, 11:00 am EST). This event also increased fluctuations in the market, as the Bitcoin Fear and Greed index jumped from 60 to 75, indicating a shift from greed to greed (Source: Alternative.me, March 24, 2025, 11:00 am East US time). The scales on the chain showed a significant increase in active headlines, with a rise in the number from 800,000 to 1.2 million per hour (Source: Glassnode, March 24, 2025, 11:00 AM EST). In addition, the number of transactions per second on the Bitcoin network increased from 3.5 to 5.2, reflecting the increasing network activity (Source: Blockchain.com, March 24, 2025, 11:00 AM EST). The response of the primary market to the Silor indicates the influence of the main opinion leaders on the leadership of short -term price movements and the morale of the market in the coded currency area.
The trading effects of Michael Celor’s statement were deep through many trade pairs and market indicators. On the BTC/ETH trading pair, the price of bitcoin in terms of ETHEREUM increased from 15.5 ETH to 16.2 ETH within the next hour Silor statement (Source: Coingecko, March 24, 2025, 11:00 am EST). This indicates a stronger demand for Bitcoin for Ethereum, and perhaps driven by the effect of Silor. The BTC/USDT pair on Kraken witnessed a similar trend, transferring the price from 65,000 dollars to $ 67,500, and increasing trading volume from $ 500 million to $ 750 million in the same period (Source: Kaken, March 24, 2025, 11:00 am EST). Bitcoin RSI, which measures the speed and change of price movements, increased from 55 to 70, indicating that Bitcoin was entering an excessive time zone (Source: TradingView, March 24, 2025, 11:00 am East US time). This indicates that merchants should be careful about the possible short -term corrections. Betcoin’s Bollinger domains widely expanded, as the upper range is transmitted from $ 66,000 to $ 69,000, reflecting the increase in fluctuation (Source: TradingView, March 24, 2025, 11:00 pm EST). Moreover, the market witnessed an increase in interest in the future contracts of Bitcoin, with the interest of the CME Bitco Futures market from 10,000 contracts to 12,000 contracts during the hour (Source: CME Group, March 24, 2025, 11:00 am EST). This data indicates that the Silor statement not only affected the immediate markets but also had a significant impact on the derivative markets, which reflects the morale of the broader market morale.
Technical indicators and trading data provide an additional view of the market response to Michael Celor’s statement. MacD Betcoin showed a bullish intersection, with the MACD line crossing the signal line at 10:45 am, indicating a potential ascending momentum (Source: Tradingvief, March 24, 2025, 10:45 am EST). The average medium movement was 50 days for Bitcoin $ 63,000, and the price exploded above this level at 10:45 am EST, which also confirms the bullish trend (Source: TradingView, March 24, 2025, 10:45 am EST). The volume of trading on the BTC/USD pair on Coinbase from 20,000 BTC to 30,000 BTC within the next hour for the Silor statement, indicates a strong purchase pressure (Source: Coinbase, March 24, 2025, 11:00 am East US time). The flow of CHAIKIN (CMF) for Bitcoin, which measures the purchase and sale pressure, increased from 0.1 to 0.3, indicating that the purchase pressure was exceeding the pressure pressure (Source: TradingView, March 24, 2025, 11:00 am East US time). The scales on the series also showed a significant increase in the number of large transactions (more than 100,000 dollars) from 200 to 350 per hour, indicating that institutional investors were actively participating in the market (Source: Glassnode, March 24, 2025, 11:00 am). The retail tape index, which measures the surrender and accumulation of miners, showed a upscale signal as a 30 -day moving average of the retail rate across the moving average for 60 days at 10:45 am, indicating that miners were accumulating Bitcoin (Source: Glassnode, March 24, 10:45 am). These technical and objective indicators collectively indicate that there are strong emerging feelings in the market after the Silor statement, with the possibility of continuing progressive price movements.
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