Main notes
- After Airerop Babylon Protocol, 256 BTC was separated within 24 hours.
- Bitcoin holders in long -term moved more than $ 90 million at BTC's value, indicating possible profits.
- $ 2.18 billion in bitcoin options contracts is appointed on April 4.
Bitcoin leadership ecosystem has witnessed a major transformation in the aftermath of the last Airdrop by the Babylon Protocol. Within 24 hours of Babylon, 600 million symbols of a child, 256 BTC, were distributed, at a value of more than $ 21 million, which were not west of the platform.
In the past 24 hours, 256 BTC has been separated from Babylon
These unstable transactions have paid a total of 1.35 BTC in fees and 1.318 MVB consumption of space pic.twitter.com/uvl82fejm
– Mononaut (mononautical) April 4, 2025
Data from Devillama offers The total total value that was secured in Babylon (TVL) is currently at $ 4.29 billion. This represents about 80 % of TVL in the entire Bitcoin ecosystem, which is $ 5.34 billion.
Meanwhile, the data on the series indicate that the long -term bitcoin holders transferred more than 1,058 BTC (about $ 90 million) on April 3.
Long -term holders have moved more than 1058 #Bitcoin $ BTC yesterday! Signs to achieve profits as old currencies return to the market. pic.twitter.com/wdbugitxa
Ali (ali_charts) April 4, 2025
These movements often indicate the re -introduction of old currencies to the market, which may lead to possible profits and increase the pressure pressure.
Bitcoin options are scheduled for $ 2.18 billion on April 4, which can pump more price instability. The maximum of $ 84,000 paint indicates that most traders will see that their positions lose their value unless Bitcoin moves towards this level.
The largest encrypted currency is currently being traded at $ 83,800, and no gains or losses appear within the past 24 hours.
BTC Price Outlook
In the daily BTC price scheme, the relative strength index is about 46, indicating that bitcoin is not in the peak or excessive area. This leaves room for both the upper and bottom movement of the encrypted currency.
Source: TradingView
The price is currently near Bollinger Band Middle, with resistance near $ 88,100 (upper domain) and supporting about $ 80,900 (lower domain). If BTC is broken above the upper range, it may indicate the beginning of the upper direction.
On the other hand, a decrease below the bottom of the Bolinger may mean additional pressure on the downside. The following major support levels are located at $ 79,800 and $ 75,000.
The famous encryption analyst Ali Martinez believes that in order to resume Bitcoin, he must restore the price of the short -term holders of $ 90,570.
The first sign that #Bitcoin $ BTC Ready to resume its bull is the restoration of the short -term holder of the short -term crushers at $ 90,570! pic.twitter.com/NKDSG8ACGX
Ali (ali_charts) April 4, 2025
Analysts are optimistic
The recent definitions imposed by US President Donald Trump caused unrest in the encryption market. according to Data by alternativeThe Fear & Greed index is 28 years old, which reflects “fear” among investors.
This speculation has fueled that Bitcoin may not see another major peak in this session. Amid this, some analysts, including the co -founder of Bitmex Arthur Hayes, believe that such economic transformations will eventually benefit from Bitcoin.
Javon Marks has recently argued that the current technical patterns of Bitcoin confirm the biological differences. It suggests that the cryptocurrency is still on the right track for the return of the rise at all-an increase of 28-33 % over the current levels.
Through numerical data and style science, Bitcoin confirmed 100 % multiple upward differences indicating a return to its highest levels!
Now this is about 28 % to +33 % movement.
We will be committed to confidence in numbers/data, not fear of others …$ BTC
– Javon⚡mmarks (@javontm1) April 3, 2025
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.