The price of Bitcoin (BTCUSD) settled high in its recent intraday trading, amid the continuation of the clear dominance of the main bullish trend, moving alongside a minor bullish bias line on the short-term bias, reflecting the strength of the bullish momentum, and reinforces the continuation of the trading above EMA50, providing extra dynamic support.
At the same time, the (RSI) began providing bullish signals, after it reached exaggerated oversold levels, to begin overlapping positively, which supports the possibility for rising in the upcoming trading, unless facing strong resistance that stops this momentum.