Crypto
Bitcoin price to print a close above $45,000, entering new uptrend – FXStreet

FXStreet Team
FXStreet
A brief technical and on-chain analysis on Bitcoin price. Here, FXStreet's analysts evaluate where BTC could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.
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ApeCoin price is stuck establishing a new directional bias after its failure to move higher. The rejection has pushed it to a crucial area, where bulls and bears will hash it out.
The Luna Foundation Guard lined up alongside other institutions who are looking to pile up their Bitcoin holdings. Proponents noted a massive spike in paper BTC as the total Bitcoin exposure of the ProShares ETF hit a new all-time high.
Bitcoin price shows a retest of the upper range of its consolidation after rallying for nearly two weeks. This uptrend will now face multiple hurdles that will decide the outlook for BTC in the near future.
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