The market at the moment is where many people can panic, of course sometimes I think they are looking to lower the price a bit so that the strong hands or whales can buy cheaper and thus take the bitcoin from the weak hands, this guy of strategies are very common in any speculative market.
Yeah, it literally failed to go under 45k lately, that is the type of power we have in crypto right now, people are quite happy with what is going on, I am not saying that it is a good or bad situation but I feel like it is definitely something worthy of buying right now since it is looking to give a recovery signal.
Do not really care about people who keep saying that bitcoin will go down, they are people who want bitcoin down so that they can buy cheap, if you have seen bitcoin at 60k, and it drops to 15k, you could buy it and wait for it to become 60k again which is likely to happen anyway, so you could 4x your profit, but when it is 45k and goes to 60k you only make 25% profit, so some people who missed out on this great bull run wants it to go down in order to buy a lot and profit a lot in the future, but just because they wish that doesn't mean it will happen.