The (BTCUSD) price extended its gains in their last intraday trading, taking advantage of the positive signals on the relative strength signals, despite its stability on overbought levels, and the price succeeded in breaching minor bearish trend line on the short-term basis, gaining extra momentum that helped it to reinforce its intraday gains.

This momentum pushed the price to hit the resistance of its EMA50, to surpass its negative pressure, paving the way for full recovery and opening the way for targeting new resistance levels on a near-term basis.

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