Bitcoin Price Analysis: BTC returns to $44,000 resistance, more upside to follow?

TL;DR Breakdown Bitcoin price analysis is bullish for today.BTC/USD saw strong bullish momentum overnight.BTC has returned to $44,000 previous support. Bitcoin price analysis is bullish for today as bulls have pushed the market higher over the last 24 hours, with the $44,000 previous major support currently tested as a resistance. Therefore, we expect BTC/USD to continue higher later today and regain even more of the loss. Cryptocurrency heat map. Source: Coin360 The overall market traded in the green over the last 24 hours, with the market leader, Bitcoin, up by 4.34 percent. Ethereum follows with 7.09 percent, while the rest of the top altcoins perform even better. Bitcoin price movement in the last 24 hours: Bitcoin rallies back to $44,000 previous major support BTC/USD traded in a range of $42,326.97 – $44,316.50, indicating mild volatility over the last 24 hours. The total trading volume has decreased by 10.37 percent and totals $38.4 billion, while the total market cap trades around $830.9 billion, resulting in market dominance of 41.9 percent. BTC/USD 4-hour chart: BTC looks to move past $44,000 resistance? On the 4-hour chart, we can see the Bitcoin price testing the $44,000 resistance as bulls look to push the market higher today. BTC/USD 4-hour chart. Source: TradingView Bitcoin price action has traded with a strong bearish momentum over the past weeks. After peaking at $53,000 on the 7th of September, an ...