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Bitcoin Drops Below $56K as Momentum Slows, Support at $53K

Buying has been weak despite short-term oversold signals.

Updated May 11, 2023, 6:33 p.m. Published Dec 3, 2021, 9:40 p.m.
Bitcoin daily price chart shows support/resistance with RSI in second panel (TradingView)
Bitcoin daily price chart shows support/resistance with RSI in second panel (TradingView)