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Evening update for Bitcoin -13-08-2026
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Evening update for Bitcoin -13-08-2026
Aug 13, 2026 10:53 AM

Bitcoin declined in its last intraday trading, with the emergence of negative overlapping signals from the relative strength indicators, after offloading its oversold conditions, intensifying the negative pressure on the price, especially with the continuation of its trading below EMA50, which represents a dynamic resistance that reduces the chances of full recovery in the near upcoming period, with the dominance of the bearish corrective trend on the short-term basis.

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