Bitcoin latest news

Bitcoin is holding at the level of 48500 at the moment. We have support level at around 47600 too.

Now there are two scenarios 

1-  If Bitcoin touchs the level 0f 47600 and bounce back then it will go to 49200 level where it has again face to a resistance.  And if it breaks this resistance then will straight reach 51000 level.

2- In other scenario if Bitcoin breaks the support level of 47600 then there are chances for it to go till 45300 level and then bounce back.

This is the latest update till now. Be in touch for more details.