Bitcoin Holding Support Above $42K; Resistance at $45K-$47K

Bitcoin Holding Support Above $42K; Resistance at $45K-$47K


The relative strength index (RSI) on the daily chart is rising from oversold levels, similar to what occurred in late-September, which preceded a price rally. This time, however, upside momentum is starting to wane on weekly and monthly charts, which lowers the chance of signifiant buying.

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