The price of Bitcoin (BTCUSD) rose in its recent intraday trading, due to its lean on a main bullish trend line on the short-term basis, providing positive momentum that assisted it to achieve these gains, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels, exaggeratedly compared by the price move, which forms a positive divergence , which will increase the positive pressure on the price.

On the other hand, a minor sharp bearish wave dominates the trading showing its strength, with the continuation of the negative pressure that comes from its trading below EMA50, which indicates that the rise might be temporary.