The price of Bitcoin rose in its recent intraday trading, affected by breaching a main bearish trend line on the short-term basis, with continued positive support due to its trading above EMA50, which represents a dynamic support base that reinforces the chances of extending these gains in the near upcoming period, especially with the emergence of a positive overlapping signals from the relative strength indicators, after offloading its overbought conditions, opening the way for targeting new resistance levels.