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Bitcoin Pullback Deepens; Minor Support at $38K-$40K

Sellers remain active at resistance levels, maintaining the short-term downtrend.

By Damanick Dantes
Updated May 11, 2023, 3:54 p.m. Published Feb 17, 2022, 7:12 p.m.
Bitcoin four-hour chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin four-hour chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)