Bitcoin is trading slightly above $44,000, with bulls battling to keep BTC above $45,000 and $46,000 for the day. Throughout the weekend, the bellwether Cryptocurrency remained stable above $40,000 per coin. With such a high level of buyer concentration, we expect Bitcoin to begin moving toward $48,000. Nevertheless, some investors have chosen to be cautiously bullish, especially now that China has launched another crackdown on Cryptocurrencies.