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Bitcoin Approaches Support Zone at $37K-$40K

BTC is not yet oversold and is roughly two days away from a pause in selling pressure.

Updated May 11, 2023, 3:35 p.m. Published Apr 11, 2022, 6:19 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)