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- ๐ ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATHโthink it breaks through?
๐ Follow Gate_Square, vote and drop your reason.
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๐ Event PeriodAugust 12, 2025, 04:00 โ August 17, 2025, 16:00 UTC
๐ How to Participate
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - ๐ The #CandyDrop Futures Challenge# is live โ join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.ย
๐ Bitcoin (BTC) โ 1-Day Analysis (April 20, 2025)
๐ต Price Overview
Bitcoin is currently priced at $84,336, showing a 0.97% decline from the previous close.
Todayโs range: Low $84,027 โ High $85,500
๐ Technical Signals
Bitcoin is nearing a "Death Cross", which occurs when the 50-day moving average crosses below the 200-day moving average โ often seen as a bearish indicator.
The last death cross was in August, followed by a 16% decline.
However, some analysts argue it doesn't always lead to a major sell-off.
(Source: Business Insider)
๐ Price Forecast
According to WalletInvestor, the forecast for April 20, 2025, is:
Average Price: $86,475.82
Low Estimate: $79,098.43
High Estimate: $93,849.54
(Source: WalletInvestor)
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๐ Summary
While BTC shows signs of a technical bearish pattern, long-term sentiment may still be positive.
Investors are advised to monitor the market closely and manage risk accordingly.