The (BTCUSD) slipped lower in their last intraday trading, affected by the dominance of minor bearish wave on the short-term basis, with the continuation of its trading alongside supportive trendline for the negative track, the price stability below its EMA50 reinforces the negative pressure, and reduces the chances of recovery on a near-term basis.

Accompanied by forming negative divergence on the relative strength indicators, after reaching exaggerated overbought levels compared to the price movement, and the negative signals begin to appear, opening the way for more downside moves in its upcoming trading.

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