As of April 14, 2025, Bitcoin is trading around $84,440 after facing a modest decline. This drop comes on the heels of recent volatility, including a dip below $80,000 driven by U.S.-China trade tensions and a wave of long liquidations. Technical indicators show bearish patterns, including a “death cross,” where the 50-day moving average falls below the 200-day average—often signaling continued downside. Key support levels lie at $74,000, $65,000, and $57,000. Despite short-term pressure, long-term outlooks remain bullish, with projections ranging from $120,000 to $150,000 by late 2025 due to ETF approvals and growing institutional adoption.
