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Bitcoin Stuck Below $40K Resistance; Support at $33K

Upside remains limited given the intermediate-term downtrend.

Updated May 11, 2023, 6:21 p.m. Published Jan 27, 2022, 7:39 p.m.
Bitcoin four-hour price chart shows resistance levels. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin four-hour price chart shows resistance levels. (Damanick Dantes/CoinDesk, TradingView)