$BTC
Bitcoin has shown significant positive movement today, April 22, 2025. It has broken through the $75,000 resistance level, signaling a potential new bullish trend. This breakout occurred around 10:45 AM UTC, with the price surging from approximately $74,890 to over $76,230 within a short 15-minute window.
Currently, Bitcoin is trading around ₹7,544,146.07 (approximately $88,385). This represents an increase of around 0.96% in the last 24 hours and 3.42% over the past week. Trading volume has also seen a substantial increase, indicating strong market activity and interest.
Technical indicators, such as the Relative Strength Index (RSI) moving above 70 and the MACD line crossing above the signal line, further support the bullish outlook in the short term. On-chain data also reveals a rise in active Bitcoin addresses, suggesting increased network usage.
Overall, the current condition of Bitcoin suggests strong buying pressure and positive market sentiment following the recent breakout. Traders are advised to monitor resistance levels and volume for potential further upside.