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Bitcoin Oversold Bounce Faces Resistance at $40K-$43K

Long-term momentum remains very weak and BTC is at a critical point.

Updated May 11, 2023, 5:13 p.m. Published Jan 26, 2022, 7:33 p.m.
Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)