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Bitcoin Stuck in Range Between $45K Support and $52K Resistance

Price indicators suggest limited downside over the short term as selling pressure slows.

By Damanick Dantes
Updated May 11, 2023, 5:05 p.m. Published Jan 3, 2022, 7:21 p.m.
Bitcoin daily price chart shows support and resistance with RSI on bottom panel (Damanick Dantes/CoinDesk, TradingView)
Bitcoin daily price chart shows support and resistance with RSI on bottom panel (Damanick Dantes/CoinDesk, TradingView)