A bullish Sunday session, however, saw the Index move back to 52.
At the time of writing, Bitcoin was down by 0.55% to $46,159.
Bitcoin will need to move through the day’s $46,469 pivot to make a run on the First Major Resistance Level at $47,373.
In the event of another extended rally, Bitcoin could test the Second Major Resistance Level at $48,336 and resistance at $48,500.
Failure to move through the pivot would bring the First Major Support Level at $45,509 into play.
Looking at the EMAs and the 4-hourly candlestick chart , it is a bullish signal.