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

Bitcoin price started another increase above the $46,500 resistance. BTC cleared the $47,800 resistance and spiked toward $48,000 before the bears appeared. Bitcoin topped near the $49,000 level and corrected gains. The price is trading above $45,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $45,900 on the hourly chart of the BTC/USD... source: https://www.newsbtc.com/analysis/btc/bitcoin-price-struggles-below-48k/