The price of Bitcoin (BTCUSD) rose in its recent intraday trading, attempting to recover some of its previous losses, taking advantage of the technical momentum that comes from the beginning of positive overlapping signals on the (RSI), after reaching exaggerated oversold levels, indicating the price attempts to offload this condition on a short-term basis.

Despite this limited technical improvement, the bearish correctional trend remains the dominant on the price move with its trading alongside a minor bias line, and the continuation of the negative pressure that came from its stability below EMA50, keeping the possibilities for facing new bearish waves unless they reach this average and hold above it.