$BTC

In April 2025, Bitcoin (BTC) has experienced significant price volatility influenced by global economic developments. On April 5, BTC's price declined by 1.1% to $82,163 amid escalating trade tensions following President Trump's announcement of substantial reciprocal tariffs and China’s retaliatory measures.

Technical indicators have also signaled potential downturns. Analysts observed that Bitcoin was approaching a "death cross," where the 50-day moving average crosses below the 200-day moving average, suggesting possible further losses.

Despite these bearish signals, some experts remain optimistic. Anthony Scaramucci, manager of a top-performing crypto ETF, predicted that Bitcoin could reach $200,000 in 2025, attributing this to increased institutional adoption and favorable regulatory developments.

As of April 7, 2025, Bitcoin's price stands at $77,654, reflecting a 6.66% decrease from the previous close. The intraday high was $83,677 and the low was $77,228.

Investors should closely monitor these economic and technical factors, as they play crucial roles in Bitcoin’s price trajectory in the coming months.