A Bitcoin (BTC) price drop below $48,500 would bring the elusive $50,000 back into play.

Following Thursday’s drop, a Bitcoin (BTC) return above $48,500 levels would support a positive day ahead.
This is the Bitcoin technical analysis (BTC). We will be looking at the previous day’s moves as well as today’s support, resistance, pivot levels, and Fibonacci’s. In addition, we will consider the previous…