Bitcoin Price Struggles Below $48K, Why BTC Could Correct Lower

Bitcoin Update

The BTC price rallied above $48,000 but faced resistance at $49,000, leading to a correction. Currently trading above $45,500 and the 100-hour SMA, with a key bullish trend line near $45,900. 📉 Potential support at $45,500; a break below may lead to $44,450. 🚀 Resistance levels at $47,300, $48,200, and the crucial $49,000. Technical indicators show caution. 🧐 Remember, this info is for educational purposes only; always conduct your research and be aware of the risks.


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