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Evening update for Bitcoin (BTCUSD) -11-08-2025
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Evening update for Bitcoin (BTCUSD) -11-08-2025
Aug 11, 2025 1:05 PM

The (BTCUSD) declined in its last trading on the intraday levels, in attempt to look for a rising low to take it as a base that might help it to gain the required positive momentum to recover, at the same time it attempts to offload some of its clear overbought condition on the (RSI), especially with the emergence of the negative signals, amid the continuation of the positive pressure due to its trading above EMA50, and under the main bullish trend on the short-term basis, and its trading alongside a supportive minor bias line for this trend.

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