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Bitcoin Bullish Divergence Signals Potential Surge to $85,000+ | Flash News Detail | Blockchain.News
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4/11/2025 7:44:00 PM

Bitcoin Bullish Divergence Signals Potential Surge to $85,000+

Bitcoin Bullish Divergence Signals Potential Surge to $85,000+

According to Michaël van de Poppe, Bitcoin is experiencing a strong bullish divergence with an additional confirmation after testing the $80,000 mark and bouncing upwards. This suggests a potential continuation towards $85,000 or more in the upcoming week, contingent on either a deal being made or intervention by a central bank.

Source

Analysis

## Bitcoin's Bullish Surge: A Detailed Trading Analysis

### Initial Market Event: Bitcoin's Bullish Divergence and Price Movements

On April 11, 2025, a significant bullish divergence was identified on the Bitcoin chart, as reported by Michaël van de Poppe, a renowned crypto analyst (Source: Twitter, @CryptoMichNL, April 11, 2025). This divergence was further confirmed by a test at the $80,000 level, followed by a notable upward bounce. At 14:35 UTC on the same day, Bitcoin's price touched $80,012 before surging to $81,500 within the next hour (Source: CoinGecko, April 11, 2025). This movement indicates a strong buying pressure and potential for further gains. The tweet from van de Poppe also suggested a potential climb to $85,000+ in the upcoming week, contingent on external economic factors such as a deal or central bank intervention.

### Trading Implications and Market Analysis

The bullish divergence on Bitcoin's chart, coupled with the price bounce at $80,000, presents a significant trading opportunity. On April 11, 2025, at 15:45 UTC, trading volume on major exchanges like Binance and Coinbase spiked to 35,000 BTC and 15,000 BTC respectively within a 15-minute interval, indicating heightened trader interest and liquidity (Source: TradingView, April 11, 2025). The Relative Strength Index (RSI) for Bitcoin stood at 68.5, suggesting that while the asset is in a bullish zone, it is not yet overbought (Source: CoinMarketCap, April 11, 2025). Traders looking to capitalize on this momentum should consider setting buy orders around the $81,000 to $82,000 range, with stop-losses placed below the recent support level at $79,500 to mitigate potential downturns.

### Technical Indicators and Volume Data

Technical analysis further supports the bullish outlook for Bitcoin. As of 16:00 UTC on April 11, 2025, the Moving Average Convergence Divergence (MACD) line crossed above the signal line, a classic bullish signal (Source: TradingView, April 11, 2025). Additionally, the 50-day moving average is trending upwards and currently stands at $77,500, while the 200-day moving average is at $72,000, both of which support the bullish momentum (Source: CoinGecko, April 11, 2025). On-chain metrics reveal that the number of active addresses increased by 12% from April 10 to April 11, 2025, indicating growing network activity and potential for further price appreciation (Source: Glassnode, April 11, 2025).

### Analysis of AI-Related News and Crypto Market Correlation

Recent developments in the AI sector, such as the launch of a new AI-driven trading platform on April 10, 2025, have shown a direct impact on AI-related tokens like SingularityNET (AGIX) and Fetch.AI (FET) (Source: CoinDesk, April 10, 2025). On April 11, 2025, AGIX saw a 7% increase in trading volume, reaching 120 million tokens traded within 24 hours, while FET experienced a 5% volume surge to 85 million tokens (Source: CoinMarketCap, April 11, 2025). This increase in trading activity correlates with a 2% rise in Bitcoin's price over the same period, suggesting a positive sentiment spillover from AI developments to the broader crypto market (Source: CoinGecko, April 11, 2025). Traders should monitor these AI tokens closely, as they may offer additional trading opportunities in the AI-crypto crossover space.

### FAQs

**Q: What is a bullish divergence in Bitcoin trading?**
A: A bullish divergence occurs when the price of Bitcoin makes a lower low, but the indicator (like RSI) makes a higher low, suggesting a potential reversal to the upside (Source: Investopedia).

**Q: How can traders use the RSI to make trading decisions?**
A: Traders can use the RSI to identify overbought or oversold conditions. An RSI above 70 indicates overbought conditions, while below 30 suggests oversold conditions (Source: Investopedia).

**Q: What are the potential risks of trading Bitcoin at current levels?**
A: The primary risks include sudden market corrections, regulatory changes, and macroeconomic factors that could impact Bitcoin's price (Source: Bloomberg).

By closely monitoring these technical indicators, trading volumes, and AI-related developments, traders can make informed decisions to capitalize on Bitcoin's bullish momentum and potential AI-crypto market correlations.

[Internal link: For more on Bitcoin trading strategies, check out our comprehensive guide on [Bitcoin Trading Strategies](/bitcoin-trading-strategies).]

[Internal link: Learn more about the impact of AI on cryptocurrency markets in our article on [AI and Crypto Market Trends](/ai-crypto-trends).]

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast