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Bitcoin Oversold, Resistance at $33K-$35K

BTC is on track for its first consecutive seven-week decline.

By Damanick Dantes
Updated May 11, 2023, 4:55 p.m. Published May 13, 2022, 6:33 p.m.
Bitcoin's weekly price chart shows support/resistance with the RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin's weekly price chart shows support/resistance with the RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)