Bitcoin price failed to stay above $52,000 and declined heavily against the US Dollar. The price is now trading below $48,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $51,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The...The post Bitcoin Price Analysis: BTC Nosedives Below $48K appeared first on Live Bitcoin News.