Analyst enters $32.5K Bitcoin buy order as hodlers bet on $46K BTC price bottom

Cointelegraph

Published Apr 23, 2021 08:00AM ET

Updated Apr 24, 2021 10:00AM ET

Bitcoin (BTC) is expected to dip as low as $32,500 in the short term after several crucial support levels faded to nothing on Friday.

BTC/USD hit lows not seen since early March on Friday, as analysts line up their prognoses — and buy orders — in the latest Bitcoin price correction.

BTC exchange inflow and outflow chart. Source: Lex Moskovski/ Twitter
BTC/USD Q1 and Q2 pullback comparison. Source: Rekt Capital/ Twitter

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