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Bitcoin Drifts Lower, Stuck Between $40K Support and $45K Resistance

BTC appears oversold into the Asian trading day, but upside remains limited.

Updated May 11, 2023, 3:39 p.m. Published Jan 18, 2022, 7:53 p.m.
Bitcoin four-hour price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Bitcoin four-hour price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)