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Bitcoin Selling Intensifies; Support at $30K Could Stabilize Correction

There are initial signs of downside exhaustion, although upside appears limited.

Updated May 11, 2023, 6:34 p.m. Published Feb 24, 2022, 4:27 p.m.
Bitcoin daily chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Bitcoin daily chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)