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Bitcoin Holding Support at $40K; Resistance at $43K-$47K

Selling pressure has weakened, which could pave the way for a price bounce.

By Damanick Dantes
Updated May 11, 2023, 6:17 p.m. Published Apr 13, 2022, 6:32 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)