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Bitcoin (BTCUSD) exhausted its positive opportunities-Analysis-10-09-2025
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Bitcoin (BTCUSD) exhausted its positive opportunities-Analysis-10-09-2025
Sep 9, 2025 8:40 PM

The price of Bitcoin (BTCUSD) settled with slight decline in its last intraday trading, after repeated attempts to gain bullish momentum that supports its recovery again, this performance came after the stability of the stubborn and critical resistance level at 113,000, where the price couldnt surpass it to lean on the support of EMA50.

The (RSI) indicators reached sever oversold levels, exaggeratedly compared to the price movement, to suggest forming positive divergence that might indicate easing of pressure, this comes with the continuation of the bullish correctional trend dominance on the short-term basis, showing the balance between the bullish bouncing attempts and the continuation of the pressing resistance on the price.

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