Bitcoin price failed to gain pace above the $49,000 resistance against the US Dollar. The price is now trading below $48,000 and the 55 simple moving average (4-hours). There are two bearish trend lines forming with resistance near $48,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay...The post Bitcoin Price Analysis: BTC Struggles Below $48K appeared first on Live Bitcoin News.