The price of Bitcoin (BTCUSD) rose in its last intraday trading, supported by the dynamic support that comes from its stability above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, this positive momentum pushes the price to get ready to attack the strong resistance level at $120,000.
This rise is accompanied by the return of the positive signals on the (RSI), after offloading the previous overbought conditions, which opens the way for achieving more of the gains.
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Weekly performance report available here: Signals Performance Week of July 2125, 2025