The price of Bitcoin (BTCUSD) rose in the last intraday trading, recording a new historical level in a strong weeks opening, amid the dominance of the bullish trend on the short-term basis, and the trading alongside a trend line, the price gets its support from its stability above EMA50, indicating the continuation of the positive momentum on the near- term basis.
The (RSI) indicators began showing negative signals, after entering clear overbought areas, which might decelerate the rise, and the price may be calm and fluctuated, before detecting the next trend clearly on the intraday basis.