Bitcoin (BTC) Value Prediction: BTC/USD Faces Rejection At $48.8k As Bitcoin Resumes Downward Correction

Meanwhile, Bitcoin faces rejection on the $48,800 resistance zone as Bitcoin resumes downward correction. With the rejection, the BTC worth has damaged beneath the 21-day SMA. The upward transfer is uncertain as Bitcoin falls beneath the 21-day SMA. There is a tendency for BTC costs to be range-sure between $47,200 and $48,800.

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