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Bitcoin Faces Initial Resistance at $46K; Support at $42K

Seasonal strength could keep buyers active within the year-long price range.

Updated May 11, 2023, 6:22 p.m. Published Mar 25, 2022, 6:32 p.m.
Bitcoin weekly price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin weekly price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)