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

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

Following a rally in cryptocurrency markets that began April 1, it ran into resistance April 4 and caused a market pullback throughout the afternoon. This was after exhausted bulls were overcome by bears who managed push (BTC(lower than $45,200).

Source: Cointelegraph Markets Pro TradingViewThe data shows that the BTC price fell to $46,000 after the afternoon sale. However, buyers were able to purchase it at higher prices and bring it up above $45,700.

BTC/USDT 1-day chart. Source: TradingView
4-hour chart. Source: Twitter
BTC/USD 1-day chart. Source: Twitter
BTC/USD 3-day chart. Source: Twitter