🚀 After Bitcoin price bounced back from the key support zone around the 100-day moving average, it started a correction towards the $43,578 - $45,606 resistance range. However, the momentum has weakened and the possibility of a new downtrend has increased. 😅

📉 According to technical analysis, if Bitcoin is successful in its attempt to break through the important $48K resistance, the price is expected to rise further. However, if it fails to break above the current resistance level, there could be a decline towards the important support zone at $38K. 🐻

💬 What do you think about this situation? We are waiting your comments! 👇