Bitcoin, the most popular cryptocurrency, is currently trading at $45,074, with resistance approaching $46,000. The 50 Simple Moving Average will undoubtedly act as a significant barrier to Bitcoin's possible comeback to $50,000. The uptrend is likely to be hampered by the 200 SMA, which is currently around $47,595, and the 100 SMA, which is approaching $48,000. Despite the fact that this is not a golden cross, many analysts consider it to be a bearish signal.