Bitcoin price (BTCUSD) continues its volatile movement during the latest intraday trading sessions, amid ongoing negative pressure as the price remains below its EMA50, which limits the chances of a sustainable recovery in the near term. A short-term corrective bearish wave still dominates the trend, while in the background we notice forming a negative divergence on the relative strength indicators after reaching heavily overbought levels, exaggerated compared to the price movement, along with the emergence of a negative crossover.