BlockChain News

Michael Silor announces “It is Bitcoin time” amid market fluctuations Flash news details

On April 23, 2025, Michael Celor, CEO of Microstrategy, tweeted, “It is Bitcoin time”, indicating a rising feeling towards bitcoin. After this tweet, the price of Bitcoin rose from $ 67,500 to $ 69,800 within an hour, according to Coinmarketcap at 10:00 am International time. This increase was accompanied by an increase in trading volume by 15 % during the previous hour, as it reached 35.2 billion dollars, according to Tradingvief data at 10:15 am UTC. The impact of tweets was not limited to bitcoin. It also affected other major encrypted currencies such as ETHEREMM, which saw price increase from $ 3400 to $ 3,450 in the same time frame, such as CONINECKO data at 10:30 am UTC. This event emphasizes the impact of prominent characters in the encryption space on market morale and price movements.

The effects of trading in a large Sailor tweet, which led to increased volatility through multiple commercial pairs. For example, the BTC/USD pair on Binance seen a 3 % jump in 30 minutes after tweeting, recorded at 10:05 am UTC by Binance Trading Data. Likewise, the ETH/BTC pair on KAKEN increased by 1.5 %, as mentioned by Kraken trading data at 10:10 am UTC. These movements indicate a strong reaction in the market to the Silor statement, indicating that merchants are closely monitoring impressive numbers of commercial sermon. The increasing trading volumes, with a 2.5 billion dollar BTC/USD vision per hour following the Twitter, according to CoinmarketCap at 11:00 am UTC, highlights the market response to such events. This scenario offers both opportunities and risks to merchants, as the market can face more fluctuations based on subsequent developments.

Technical indicators after her tweet reveal a bullish direction for Bitcoin. The RSI is transferred to Bitcoin on a single -hour scheme from 65 to 72, indicating the conditions for negotiation, as shown in TradingView data at 10:45 am UTC. The average medium rapprochement (MACD) also showed a bullish intersection, with the MACD line crossing over the signal line, as Coinigy mentioned at 11:00 am UTC. The scales on the chain support these biological feelings, with the Bitcoin Retail Index indicating a possible accumulation stage, according to the data from the Glassnode at 11:15 am UTC. The total number of bitcoin addresses with a non -zero balance increased by 0.5 % to 42.5 million, as Blockchain.com said at 11:30 am UTC, indicating the increasing network activity. These technical and objective signals indicate that the market may continue its upward path in the short term, providing traders with potential entry points for long jobs.

Regarding the developments related to the prosecution, there was no direct organization of Amnesty International on this date. However, the growth of the broader artificial intelligence sector continues to influence investor morale in the encryption market. For example, trading algorithms driven by artificial intelligence are increasingly adopted, which contributes to high trading volumes in cryptocurrencies such as bitcoin. According to a report issued by Cryptoquant at 12:00 pm UTC, the trading volumes driven by Bitcoin’s artificial intelligence increased by 10 % during the past week, indicating an increasing relationship between artificial intelligence and the coding market dynamics. This trend can lead to more integration of artificial intelligence technologies in the encryption trade, which may affect morale and trade strategies. Traders must closely monitor these developments, because they may offer new opportunities in the symbols associated with the wider market.

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