As of Monday, April 14, 2025, at approximately 4:30 PM EAT (Addis Ababa time), the price of Bitcoin ($BTC) is fluctuating around $84,500 - $85,200 USD.

Several factors are currently influencing the price of Bitcoin:

Macroeconomic Uncertainty and Trade Tensions: Renewed concerns about trade policies, particularly those involving the United States and China, are creating volatility in global markets, including cryptocurrencies. While some easing of tariff concerns provided a temporary boost, the underlying anxieties persist.
Market Sentiment: The Fear and Greed Index currently indicates a neutral sentiment, leaning slightly towards fear. This suggests that investors are cautious and awaiting clearer market signals.
Technical Analysis: Bitcoin is facing resistance at the $85,500 - $86,500 levels. Breaking above these points could signal further upward momentum towards $88,000. Conversely, failure to hold current support levels could lead to further declines.
Institutional Activity: There's continued interest from institutional investors, as seen with Metaplanet's recent purchase of additional BTC. Inflows into Bitcoin ETFs also play a significant role in price action.
On-Chain Data: Exchange reserves of Bitcoin are decreasing, which typically suggests lower selling pressure. However, net deposits on exchanges have been high recently, indicating potential selling pressure.
Derivatives Market: The derivatives market shows a dominance of long position traders, but there's also selling sentiment present. Increasing open interest suggests higher liquidity and potential for volatility.
Miner Activity: Miners are selling holdings at a moderate range, which could exert some selling pressure.

Overall, the price of Bitcoin is currently navigating a landscape influenced by macroeconomic factors, technical levels, and investor sentiment. The market appears to be in a phase of seeking direction amid these competing forces.
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