#MetaplanetBTCPurchase Here's a brief overview of Bitcoin (BTC) as of late Thursday, April 17, 2025 (note that cryptocurrency prices are highly volatile and can change rapidly):

Current Price:

* Around $84,000 - $85,000 USD. Sources show slightly different figures depending on the exchange and time. In Pakistani Rupees, this is roughly 23,836,322 PKR.

Market Capitalization:

* Approximately $1.66 Trillion - $1.68 Trillion USD. Bitcoin remains the dominant cryptocurrency by market capitalization.

Recent News & Sentiment:

* Sideways Movement: Bitcoin has been relatively flat recently, trading in a range around the $85,000 level and looking for momentum. The 200-day and 50-day EMAs are acting as a magnet for the price.

* Market Uncertainty: General market uncertainty, partly due to concerns about potential tariffs from the US, is influencing Bitcoin's price action.

* Federal Reserve Policy: Comments from Federal Reserve Chair Jerome Powell dampening hopes for early interest rate cuts are also impacting market sentiment.

* ETF Flows: Bitcoin spot ETFs saw some outflows recently, indicating potentially weakening institutional demand in the short term. However, BlackRock's IBIT ETF has seen consecutive days of inflows.

* Bullish Sentiment: Despite the recent sideways movement, some analysts note that social media sentiment around Bitcoin has flipped to bullish.

* Altcoin Interest: While Bitcoin consolidates, some DeFi protocols and layer-1 altcoins are seeing increased traction.

* Quantum Computing Threat: A project called "Project Eleven" is offering a 1 Bitcoin bounty to anyone who can break Bitcoin's cryptography using a quantum computer by April 2026, highlighting a potential long-term risk.

Key Levels to Watch:

* Resistance: The $85,000 level and potentially higher towards $90,000 are seen as resistance.

* Support: The $75,000-$83,000 range is mentioned as a potential support zone.

Overall:

Bitcoin is currently in a consolidation phase, lacking strong directional momentum. Market sentiment appears cautiously research before making any decisions.