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Bitcoin Under Pressure, Lower Support at $30K-$35K

Momentum signals remain negative, indicating consistent selling pressure over the past month.

Updated May 11, 2023, 4:59 p.m. Published Feb 18, 2022, 7:26 p.m.
Bitcoin weekly chart shows support/resistance with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin weekly chart shows support/resistance with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)