{"id":569187,"date":"2024-01-12T03:00:58","date_gmt":"2024-01-12T03:00:58","guid":{"rendered":"https:\/\/ktsl888.com\/?p=569187"},"modified":"2024-06-11T14:44:21","modified_gmt":"2024-06-11T14:44:21","slug":"bitcoin-price-struggles-below-48k","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-struggles-below-48k\/","title":{"rendered":"Bitcoin Price Struggles Below $48K, Why BTC Could Correct Lower"},"content":{"rendered":"
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.<\/em><\/p>\n
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Bitcoin topped near the $49,000 level and corrected gains.<\/li>\n
The price is trading above $45,500 and the 100 hourly Simple moving average.<\/li>\n
There is a key bullish trend line forming with support near $45,900 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could start a fresh decline if there is a move below the $45,600 support zone.<\/li>\n<\/ul>\n