Bitcoin (BTC) Trending Amidst Broad-Based Crypto Sell-Off – FX Empire

Bitcoin will need to move through the day’s $46,024 pivot to make a run on the First Major Resistance Level at $46,666.

In the event of another extended rally, Bitcoin could test the Second Major Resistance Level at $47,827 and resistance at $48,000.

Failure to move through the pivot would bring the First Major Support Level at $44,861 back into play.

Looking at the EMAs and the 4-hourly candlestick chart , it is a bullish signal.

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