Originally published at: BTC Price Analysis: Is BTC Ready to Rally Higher Following the Dip Below $45K? (cryptopotato) – We Never See Nothing
Bitcoin has failed to break above its 200-day moving average – a crucial level for the price and is currently consolidating below it. However, the cryptocurrency experienced a shakeout and dropped below the $45K mark on April 1st, and has recovered after. This move might be considered a necessary pullback for Bitcoin to justify its…