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Analysts expect turbulent Bitcoin price until $46,500 flips to support -Breaking

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© Reuters.

On January 13, market volatility erupted again for crypto traders as the excitement over (BTCA correction quickly stopped the cryptocurrency from reaching its maximum level within a week. It was now in the mid-$45,000 region.

Source: Cointelegraph Markets Pro TradingViewThis shows that Bitcoin prices reached an intraday high at $44,500. The bears then took control and drove the Bitcoin price down to $42,315. ExperienceThere was a significant sell-off.

BTC/USDT 1-day chart. Source: TradingView
1-week chart. Source: Twitter (NYSE :
Large Bitcoin wallet inflows. Source: Twitter
BTC/USDT 4-hour chart. Source: Twitter