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Bitcoin Holds Support at $56K, Resistance at $60K-$63K

Momentum is improving as oversold readings appear on the chart.

By Damanick Dantes
Updated May 11, 2023, 6:33 p.m. Published Nov 23, 2021, 6:56 p.m.
Bitcoin four-hour price chart shows short-term price levels with oversold RSI in second panel. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin four-hour price chart shows short-term price levels with oversold RSI in second panel. (Damanick Dantes/CoinDesk, TradingView)

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