Bitcoin Holds above $47,000, Continues to Build Strength on the Market Surge

Bitcoin (BTC) price has risen to $48,192 as buyers failed to maintain bullish momentum above the recent high. Bitcoin would have reached the psychological price level of $50,000 if the resistance of $48,000 is broken. Today, the BTC price has dropped to a low of $47,115 (at the time of writing).

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