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Bitcoin Drifts Lower, Risks Testing $40K Support

A breakdown could damage the intermediate-term trend despite oversold signals.

Updated May 11, 2023, 6:27 p.m. Published Dec 13, 2021, 7:20 p.m.
Bitcoin daily price chart shows support/resistance with oversold RSI in second panel (Damanick Dantes/CoinDesk, TradingView)
Bitcoin daily price chart shows support/resistance with oversold RSI in second panel (Damanick Dantes/CoinDesk, TradingView)