Kathy Colgin
The price is also moving with the $44,000 and $48,000 price range as the indecisiveness on the part of the traders is showing through the short candlesticks that have riddled the chart. Presently, the market is moving up and down in a sharp trend as buyers and sellers are slugging it out to push the coin’s price higher and lower.
With Bitcoin safely in the $48,000 price zone, the bulls have failed to break above that region as they seek to take the price towards the next resistance level. Presently, Bitcoin is trading around the same price mark with a new resistance set at the $48,000 price region.
