The (BTCUSD) slipped lower in its last intraday trading, affected by the negative pressure due to its stability below EMA50, which obstacles the recovery attempts in the last sessions, to confirm the dominance of the sellers on a near-term basis.

Bitcoin price succeeded in breaking bearish correctional trend lines on the short-term basis, intensifying the surrounding negative pressures, especially with the emergence of the negative signals from the relative strength indicators, opening the way for recording more of the losses in the upcoming period.

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