BTC fails to move past $49k

Bitcoin price analysis is bearish today.
BTC/USD reached $47,000 support yesterday.
Upside at 49K currently gets rejected.
Bitcoin price analysis is bearish today as we currently see the $49,000 mark prevent upside after a reaction higher overnight. Therefore, BTC/USD is likely headed to test further lows below $47,000 over the next 24 hours.
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