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Forecast update for Bitcoin -11-08-2025
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Forecast update for Bitcoin -11-08-2025
Aug 11, 2025 7:05 AM

The price of (BTCUSD) declined in its last intraday trading, to gather the gains of its previous rises, attempting to gain positive momentum that might assist it to recover and rise again, attempting to offload some of its clear overbought condition on the (RSI), especially with the emergence of the negative signals, amid the dominance of the bullish trend and its trading alongside a supportive minor bias for this trend, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the positive pressures on the near-term basis.

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