Bitcoin Price Prediction – Failure to Hit $48,500 Would Give the Bears Control

After a bullish Wednesday for Bitcoin and the broader market, it’s been a mixed morning.

At the time of writing, Bitcoin, BTC to USD, was down by 0.40% to $47,942.1.

A mixed start to the day saw Bitcoin fall to an early morning low $47,375.0 before making a move.

Steering clear of the first major support level at $47,093, Bitcoin rose to a mid-morning high $48,530.0.

Falling short of the first major resistance level at $48,813, however, Bitcoin eased back to sub-$48,000 levels.

The Rest of the…


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