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Bitcoin Relief Bounce Faces Resistance at $33K-$35K

Buyers are reacting to oversold conditions, although upside appears limited.

Updated May 11, 2023, 3:37 p.m. Published May 31, 2022, 6:19 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)