Bitcoin, BTC to USD, rose by 2.13% on Wednesday. Following a 4.88% rally on Tuesday, Bitcoin ended the day at $48,137.0. A mixed start to the day saw Bitcoin fall to a mid-morning intraday low $46,724.0 before making a move. Steering clear of the first major support level at $45,488, Bitcoin rallied to a late intraday high $48,444.0. Bitcoin broke through the first major resistance level at $48,027 to end the day at $48,100 levels. The near-term bullish trend remained intact, in spite of the latest return to $43,000 levels. For the bears, Bitcoin would need a sustained fall through the 62% FIB of $27,237 to form a ... (full story)