Breakdown of $BTC

short‑term moves—daily and weekly—complete with fresh data and clear takeaways:

As of April 20, 2025, 11:12 am EDT, Bitcoin is trading at $84,461.21.  It’s down about 0.05% over the past 24 hours  and roughly 0.97% over the last week.  Market mood sits squarely in “Fear” territory, while technicals warn of near‑term volatility around key levels.

✅Price Snapshot: Daily & Weekly Moves

  • Today’s price: $84,461.21 as of 11:12 am EDT.

  • 24 hr change: –0.05%, reflecting light selling following Fed head Powell’s hawkish caution earlier this week.

  • 7‑day change: –0.97%, as Bitcoin slides from last week’s intra‑week high of ~$86,100 down to the mid‑$84k zone.

✅Market Mood: Fear & Bets

  • The Crypto Fear & Greed Index sits at 32 (“Fear”), indicating traders are skittish.

  • On Deribit’s options market, the $80,000 put is now the most popular bet—a clear sign many want downside protection below that level.

✅Technical Tune‑Up: Daily Chart ChecK

  • Death Cross looming? Bitcoin’s 50‑day MA is about to cross below its 200‑day MA—a classic sell signal—though history shows it can sometimes fizzle.

  • Key daily support: ~$82,000 and $80,000 (aligned with recent lows).

  • Key daily resistance: ~$87,000 (where the 50‑ and 200‑day MAs converge).

✅ Weekly Wrap & Looking AheaD

  • Over the past week, BTC traded in a tight $83,000–$86,000 band, failing to break above the $90,000 ceiling.

  • Last week’s price action marked the largest single‑week drop in Bitcoin history—down from a $94,381 open to an $80,795 close.

  • Weekly support: $83,000 (holding the zone would signal short‑term stability).

  • Weekly resistance: $90,000 (a decisive break could spark a swift rally back toward $105,000).

✅ The Bottom Line

Bitcoin’s short‑term outlook is cautious: mild daily and weekly declines, a prevailing “Fear” sentiment, and looming bearish MA crossovers all point to potential choppy trading. Bulls need a break above $87k (daily) and $90k (weekly) to regain control; bears will watch $82k–$83k for further downside pressure. Strap in for volatility—and keep an eye on those key price levels!