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Bitcoin Rises Above $37K; Resistance at $40K-$43K

A decisive break above $40K is needed to pause the downtrend from November.

Updated May 11, 2023, 3:39 p.m. Published Jan 25, 2022, 7:21 p.m.
Bitcoin four-hour price chart shows nearby resistance and RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin four-hour price chart shows nearby resistance and RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)