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Evening update for Bitcoin (BTCUSD) -23-10-2025
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Evening update for Bitcoin (BTCUSD) -23-10-2025
Oct 23, 2025 1:33 PM

The (BTCUSD) price rose in its recent trading on the intraday levels, supported by its trading above EMA50, pushing it to test a main bearish trendline on the short-term basis, which reduces the chances of the price recovery on the near-term basis, especially with the emergence of negative crossover on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move.

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