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Bitcoin Eases After Rejection at $58.5K, Support at $54K

A key technical indicator signals that upward momentum may be over.

Updated May 11, 2023, 6:43 p.m. Published Oct 14, 2021, 10:49 a.m.
Bitcoin's four-hour chart shows the technical indicator RSI flashing a bearish signal. (TradingView/CoinDesk)