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

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

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The RSI on the weekly chart continues to rise from the most oversold level since March 2020, which preceded a strong price rally. Momentum signals are also improving on the weekly chart, which is constructive so long as support above $30,000-$40,000 holds.



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