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Bitcoin Held Support at $53K, Faces Initial Resistance Around $60K

Initial signs of downside exhaustion could stabilize the intermediate-term uptrend from July.

Updated May 11, 2023, 4:27 p.m. Published Nov 24, 2021, 7:09 p.m.
Bitcoin daily price chart shows support and resistance levels with oversold RSI in second panel.
Bitcoin daily price chart shows support and resistance levels with oversold RSI in second panel.