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Cryptocurrency News

Signs of Bitcoin accumulation suggest BTC’s dip to $45K will be short-lived

04/05/2022

Less than a minute

2022.04.05 01:36

The cryptocurrency market rally that began on April 1 ran into tough resistance on April 4, sparking a market-wide pullback during the afternoon session after exhausted bulls were overwhelmed by bears who managed to push Bitcoin (BTC) below $45,200.

Data from Cointelegraph Markets Pro and TradingView shows that once the afternoon sell-off broke below support at $46,000, the price of BTC hit a daily low of $45,133 before buyers emerged to bid it back above $45,700.

Source

04/05/2022

Less than a minute