Bitcoin price analysis: “The direction is your friend” for encryption traders in 2025 | Flash news details

Bitcoin recently showed noticeable price procedures, with a large upward trend that traders strongly monitor. As of May 4, 2025, at 10:00 AM UTC, Bitcoin (BTC) increased beyond $ 68,000, reaching $ 68,450 on major stock exchanges such as Binance and Coinbase, according to data from COININECKO. This price movement represents an increase of 4.2 % over the past 24 hours, as Coinmarketca said in the same time. The bullish momentum is in line with a tweet from Crypto Rover on May 4, 2025, 9:30 AM UTC, focusing on the bold nature of Bitcoin in the phrase “direction is your friend” (Source: Twitter, Crypto Rover). The trading volume increased alongside this gathering, as Binance recorded more than $ 2.1 billion in BTC/USDT deals in a 24 -hour period ending at 10:00 am UTA on May 4, 2025, for each official trading dashboard in Binance. This increase in size indicates a strong participation in the market, especially among retailers and institutions. In addition, the data on the series from the Glassnode, which is reached at 11:00 am, UTC on May 4, 2025, shows a noticeable increase in Bitcoin portfolio addresses that carry more than 1 BTC, rising by 3 % last week to 1.02 million titles. This scale indicates an increase in accumulation by long -term holders, which supports upward feelings. For merchants who focus on bitcoin price predictions 2025 or BTC trading strategies, this data emphasizes the importance of monitoring price levels and activity on the series to take advantage of the current upward trend.
Trading effects to increase the last price of Bitcoin are important for each of the short -term investors and investors in the long run. As of May 4, 2025, at 12:00 pm UTC, the BTC/USDT pair on Binance showed a continuous break above the resistance level of $ 68,000, a psychological barrier that had previously been achieved from gains, according to the analysis of the TradingView chart in the same time. This penetration, along with 24 -hour trading volume of $ 2.3 billion through major pairs such as BTC/USDT and BTC/ETH on Binance (Source: Binance Data, May 4, 2025, 12:00 pm UTC), indicates strong purchase pressure. For traders who explore investment opportunities in Bitcoin, this may indicate an entry point for swinging trading that targets the following resistance at $ 70,000, a level that was determined by historical price data from Coingecko during the past month, updated from May 4, 2025. The price level is worth $ 68,000, which may lead to the pressure of profit achievement if the price approaches higher thresholds. In addition, the relationship between Bitcoin and intelligent symbols such as Render Token (RNDR), with RNDR increased 3.8 % to $ 8.45 in the same period of 24 hours ending at 12:00 pm UTC on May 4, 2025 (Source: CoinMarketcap). This link may stem from increased interest in the Blockchain solutions that AI moves, which can amplify the Bitcoin gathering through the broader market morale. Traders should monitor artificial intelligence trading trends for potential intersection opportunities.
From a technical perspective, the current trend of Bitcoin provides multiple indications of implementable trading decisions. As of May 4, 2025, at 2:00 pm UTC, the RSI RSI index (RSI) reached BTC/USDT on Binance at 68, indicating conditions of its arm at the height of purchase but not yet at the maximum levels, for all TradingView data in the same time character. The average average divergence (MACD) also showed a bullish intersection on the graph for 4 hours, with the MacD line crossing the top line at 1:30 pm UTC on May 4, 2025 (Source: TradingView). Size analysis also supports this momentum, as Coinbase was reported about the size of BTC/USD trading 24 hours a day of $ 1.8 billion as of 2:00 pm UTC on May 4, 2025, an increase of 15 % over the previous day (Source: Coinbase). The volume of transactions on the series, as mentioned by Blockchain.com at 3:00 pm UTC on May 4, 2025, reached 320,000 BTC, which reflects the increasing network activity. For traders who benefit from the technical analysis of Bitcoin 2025, the main support levels that must be seen 66,500 dollars, based on the 50-day moving average of Coingecko data that were updated at 2:30 pm UTC on May 4, 2025. With regard to the connection of Ai-Crypto, symbols such as Petch.ai (Fet). It is possible that it is driven by news of the development of artificial intelligence that affects the morale of the encryption market. This intersection highlights how trading strategies in Ai Blockchain can affect the biotoin’s broader market dynamics. For those who ask about Bitcoin trading tips or how BTC trading in 2025, the focus on the high level of sound and RSI levels provides an approach based on data to increase the returns to the maximum.
In short, the current trend of Bitcoin, as of May 4, 2025, is a convincing case for merchants to work on both technical signs and the series. Whether you are exploring the trading of the cryptocurrencies for beginners or the advanced BTC market analysis, the combination of price escapes with volume offers, and AI-Crypto relationships provides a strong framework for decision-making. Stay on a permanent data in the actual time to improve the Bitcoin trading strategy.
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