Bitcoin price (BTCUSD) rose in its last intraday trading, in attempt to recover some of its previous losses, affected by breaking the key support at $109,500, which kept the negative pressure dominant on its movement.

The price keeps trading below EMA50, dominated by the main bearish trend on the short-term basis, with its trading alongside trendline that reinforces the stability of this negative track, besides the emergence of the negative signals on the relative strength indicators, which supports renewing the selling pressure.

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