Bitcoin price extended its decline, but the bulls were active near the USD 44,000 level. As a result, BTC started a fresh increase above the USD 45,500 and USD 46,500 resistance levels. It is currently (04:00 UTC) trading above USD 47,000 and it could even test USD 48,000. Similarly, most major altcoins are gaining bullish momentum. ETH climbed above the USD 3,150 and USD 3,200 resistance levels.