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Bitcoin Rises Toward $50K; Resistance Seen Around $52K

Momentum is also stabilizing after several weeks of low trading volume.

By Damanick Dantes
Updated May 11, 2023, 5:15 p.m. Published Dec 15, 2021, 7:55 p.m.
Bitcoin one-hour price chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)
Bitcoin one-hour price chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)

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BTCBTC$115,075.20◢2.76%