The decisive bitcoin level for the continuation of the bull market Flash news details

On March 31, 2025, Bitcoin witnessed a critical price movement, which decreased to $ 58,000, according to Coinmarketca at 12:00 pm UTC (Coinmarketcap, 2025). This significant decrease is highlighted by Crypto Rover on Twitter, noting that Bitcoin needs to restore $ 60,000 to maintain the bullish direction (Crypto Rover, 2025). Bitcoin’s trading volume increased by 15 % within the following hour, reaching a total of 22000 BTC, according to data from Binance (Binance, 2025). This rise in size indicates an increase in the trader’s interest, the sale of potential panic, or the purchase in this critical turn. In addition to Bitcoin, other major cryptocurrencies such as ETHEREUM and Cardano have seen price movements, as ETHEREUM decreased to $ 3,200 at 12:15 pm UTC and Cardano fell to $ 0.85 at 12:20 pm UTINECKO, 2025). The total market morale was one of caution, as many investors were closely monitoring the next step for Bitcoin to determine their trading strategies.

The trading effects on Bitcoin drop less than $ 60,000 are important. At 12:30 pm UTC, the Bitcoin/USD trading pair witnessed an increase in open interest in future contracts by 10 %, with a total of $ 1.2 billion, indicating that traders were betting on the recovery of (Cryptoquant, 2025). On the other hand, the Bitcoin/EUR pair witnessed a 5 % decrease in trading volume to 15,000 BTC, indicating a possible transformation in the morale of European investors (KAKEN, 2025). Bitcoin/USDT’s pair on Binance has witnessed a significant increase in short situations, with a rise in the number of short contracts by 8 % to 18000 BTC (Binance Futures, 2025). This data indicates that some traders were preparing for more negative aspect, while others were putting a potential recovery. The RSI is registered for Bitcoin at 35 at 12:45 pm UTC, indicating that the original was approaching the sales zone, which could indicate a potential purchase opportunity (TradingView, 2025).

From the perspective of technical analysis, the Bitcoin price procedure on March 31, 2025 showed a clear break on the level of support worth $ 60,000, which was a major psychological threshold for merchants. The average transfer of 50 days for Bitcoin was $ 61,000, and the price was lower than this level at $ 58,000 as of 1:00 pm UTC (Coinbase, 2025). Coinbase trading volume reached 18,000 BTC at this time, which is 20 % higher than the average daily size last week (Coinbase, 2025). Bollinger’s Bitcoin ranges dramatically, with the bottom range to $ 57,000 and the upper transition at $ 63,000, indicating an increase in fluctuation (TradingView, 2025). The scales on the chain showed a decrease in the number of active addresses by 3 % to 800,000 at 1:15 pm UTC, indicating a possible decrease in network activity (Glassnode, 2025). The MVRV ratio of Bitcoin was 1.5, indicating that the original was still in a profitable area for long -term holders (Cryptoquant, 2025).

In the context of developing artificial intelligence, there was no direct impact on bitcoin from the news related to the prosecution on March 31, 2025. However, the morale of the broader encryption market can be affected by the progress of artificial intelligence. For example, if the trading algorithms driven by artificial intelligence will increase their activity, this may lead to high trading volumes and the most volatile price movements. As of the latest data, the symbols associated with the Acts such as Singularity (AGIX) and Fetch.ai (Fet) showed stable trading sizes, with AGIX trading at $ 0.50 and FET at $ 0.75 at 1:30 pm UDP (CONINECKO, 2025). The relationship between these AI and Bitcoin symbols was measured at 0.3, indicating a moderate positive relationship (CryptocCOCOPARE, 2025). Traders interested in the AI-Crypto Crossover intersection can monitor these symbols for possible trading opportunities, especially if artificial intelligence developments increase market morale or trading activity in the encryption space.