The (BTCUSD) price declined in its recent intraday levels, to break the support level at 121,000, to reach our expected target at $117,850 support, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of bearish corrective wave on the short-term basis, besides the emergence of the negative signals on the relative strength indicators, after offloading its oversold conditions, opening the way for recording more losses.

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