The (BTCUSD) price continued the rise in their last trading on the intraday levels, breaching the current resistance at $113,800, taking advantage of the dynamic support of its trading above EMA50, and under the dominance of strong bullish wave on a short-term basis.

On the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which pushes the price to reduce its gains in the upcoming period.

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