Bitcoin (BTCUSD) price settled with sharp gains in its recent intraday trading, after it succeeded to breaching the resistance level at $95,600, accompanied by surpassing the support of EMA50, to get rid of its negative pressure, supported by the emergence of the positive signals on the (RSI), affected by the dominance of the main bullish trend on the short-term basis.

Do you need help in trading decisions? Do you want to learn how to start trading?

Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:

Full coverage of commodities such as gold, oil, silver, and more Full coverage of all major forex currency pairs Full coverage of key global indices and stocks Full coverage of major cryptocurrencies and meme coins Accurate analysis and daily updated price forecasts Exclusive and breaking news Reliable trading ranges for effective risk management Comprehensive educational materials, competitions and prizes! Innovative tools to enhance your trading performance Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.

Join Economies.com VIP Club