$BTC

As of April 7, 2025, Bitcoin (BTC) is trading at approximately $78,724.

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Recent market developments, including U.S.-China trade tensions and the introduction of substantial tariffs, have contributed to Bitcoin's decline below the $80,000 threshold. Analysts are monitoring critical support levels around $74,000, $65,000, and $57,000, while resistance is anticipated near $87,000. citeturn0news12

Technical indicators suggest a potential "death cross," where the 50-day moving average crosses below the 200-day moving average, often signaling further downside risk. citeturn0news15

Price forecasts for the upcoming week vary, with some projections suggesting Bitcoin could reach approximately $86,416 by April 13, 2025, and $86,132 by April 14, 2025. citeturn0search0

Given the current volatility and market uncertainties, it's advisable for investors to stay informed and approach the market with caution.