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Bitcoin Under Pressure; Support at $27K-$30K

BTC's breakdown is confirmed and upside appears limited.

Updated May 11, 2023, 3:52 p.m. Published May 9, 2022, 4:48 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)