š Bitcoin Update: April 2025 Trends š
Bitcoin is showing signs of recovery after a volatile start to April! Currently trading at $84,700, BTC has stabilized near key support levels, with the Fear & Greed Index improving from "Extreme Fear" (25) to 43. This shift indicates growing investor confidence, though caution remains essential.
š Short-Term Outlook: Analysts suggest BTC must break the $85,000 resistance to confirm an uptrend. If successful, it could retest previous highs. However, failure to hold above $80,000 might signal continued downward pressure.
š” Long-Term Optimism: Experts like Standard Chartered predict BTC could hit $200,000 by late 2025, fueled by institutional interest and post-halving momentum.
Stay informed and trade wisely!$BTC