Bitcoin rose during the latest intraday trading session, to confirm surpassing the bearish corrective price channel that had constrained its short-term price action, supported by its trading above EMA50, which provides dynamic support and strengthens the prospects for extending its gains in the near term, despite the emergence of negative signals from the relative strength indicators, which has reached heavily overbought territory. However, these signals have not affected the price action, indicating that bullish momentum remains strong.