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As of April 7, 2025, Bitcoin (BTC) is trading at approximately $78,240, reflecting a 6.08% decrease from the previous close.
Technical Analysis for April 8, 2025
As of April 7, 2025, Bitcoin is trading at approximately $78,240, reflecting a 6.08% decrease from the previous close. The intraday high was $83,501, and the intraday low was $77,127.
The Relative Strength Index (RSI) is at 53.34, indicating a neutral market position. The 50-day Simple Moving Average (SMA) is estimated to hit $748.67 by April 19, 2025, suggesting potential upward momentum.
Technical Analysis for April 8, 2025
As of April 7, 2025, Bitcoin is trading at approximately $78,240, reflecting a 6.08% decrease from the previous close. The intraday high was $83,501, and the intraday low was $77,127.
The Relative Strength Index (RSI) is at 53.34, indicating a neutral market position. The 50-day Simple Moving Average (SMA) is estimated to hit $748.67 by April 19, 2025, suggesting potential upward momentum.
