#SecureYourAssets

As of April 16, 2025, Bitcoin (BTC) is trading at approximately $84,994, reflecting a slight decline of 0.09% from the previous close. The day's trading range has seen lows of $83,207 and highs of $85,073. Analysts suggest that a drop to $65,000 could represent a "true market mean," potentially leading to unrealized losses for long-term holders. However, strong support is anticipated around the $50,000 level.

Notably, a significant $130 million options trade indicates a bearish short-term outlook but a bullish stance for the longer term. The overall crypto market has experienced a 1.94% decline over the past 24 hours, with Bitcoin's price fluctuating between $83,112 and $86,496