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Bitcoin Stuck in Sideways Chop, Support Above $46K

There is immediate resistance around $48,000 and then $50K, where buyers have taken profits over the past few weeks.

Updated May 11, 2023, 4:33 p.m. Published Sep 1, 2021, 11:24 a.m.
Bitcoin hourly price chart shows short-term support and resistance levels with RSI.
Bitcoin hourly price chart shows short-term support and resistance levels with RSI.