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Bitcoin Rally Stalls; Support at $40K, Resistance at $46K

BTC's price jump occurred on low volume, indicating weak buying strength.

Updated May 11, 2023, 6:34 p.m. Published Feb 15, 2022, 6:58 p.m.
Bitcoin daily chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Bitcoin daily chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)