Bitcoin price bounced off a weekly low at $43,437, but upside potential above $45,000 is shaky. A short-term descending parallel channel contributes to the rising overhead pressure. Following a massive crash last week, Bitcoin extended the bearish leg below $46,000 on Monday, whereby a low was traded at $43,437 (data by Coinbase). Shortly after, a The post Bitcoin Price Forecast: BTC Upside Remains Highly Vulnerable At $47,000 appeared first on Coingape.