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

Bears took a hefty swing at BTC price today, but traders say on-chain and technical analysis data point toward a short-lived correction where investors choose to accumulate on each dip. 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. 

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