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Bitcoin Drops Below $50K, Support Between $43K-$45K

Buying activity remains weak, which reduces the chance of a significant price increase into January.

Updated May 11, 2023, 5:15 p.m. Published Dec 9, 2021, 6:34 p.m.
Bitcoin four-hour price chart shows support/resistance levels with RSI in second panel (Damanick Dantes/CoinDesk, TradingView)
Bitcoin four-hour price chart shows support/resistance levels with RSI in second panel (Damanick Dantes/CoinDesk, TradingView)