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Analysts debate Bitcoin’s next step after today’s $45.5K retest -Breaking


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Although the euphoric appeals for the return of bull markets may not have come as soon as they did, it was certainly a good thing that they were there.BTCThe bulls were unable to move the price above $46,000 on March 31. Analysts are still optimistic despite this pullback. Expect a lower support test at $45,000 level.

From Cointelegraph Markets ProAnd TradingViewThis shows that bears rejected today’s attempts to increase the BTC price to $47,500. The top cryptocurrency plummeted to $45,500.

BTC/USDT 1-day chart. Source: TradingView
BTC/USDT 4-hour chart. Source: Twitter (NYSE :
1-day chart. Source: Twitter
BTC/USD exchange rate in 2012 and 2022. Twitter