Bitcoin (BTC) Trading at $46,000, with Resistance at $47,500 Key – FX Empire

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.

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