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Bitcoin Stalls Below $48K Resistance; Support at $40K-$43K

The current pullback appears to be temporary ahead of seasonal strength.

Updated May 11, 2023, 6:15 p.m. Published Apr 8, 2022, 6:08 p.m.
Bitcoin weekly price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin weekly price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)