Bitcoin has Formed a Historical Bottom! More Upside On Horizon For BTC Price

Bitcoin has struggled to break past the $48,000 resistance level against the US dollar, but it has reversed gains, however drops below $46,000 may be limited. BTC soared beyond $47,500, hitting a high of $48,200. The price is currently trading above the 100 hourly simple moving average as well as $46,500.  BTC Price Analysis The price …