You are currently viewing Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K

Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K



The recent downtrend in price has stabilized above the May 12 low at $25,338, which contributed to rising momentum on the daily chart. For example, the 14-day relative strength index (RSI) returned above the 50 neutral mark on Monday after reaching extreme oversold levels on May 9.



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