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

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

Although the bull market was resurgent after the crash, it may not have returned as expected.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 retestAt the level of $45,000

Source: Cointelegraph Markets ProAnd TradingView shows that today‘s attempt to push the price of BTC above $47,500 was soundly rejected by bears which sent the top cryptocurrency plunging 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