The price of Bitcoin declined in its recent intraday trading, affected by the stability of the resistance at $63,000 level, with the emergence of the negative signals from the relative strength indicators after offloading its oversold conditions, increasing the negative pressure, which may lead to more intraday losses, to gain bullish momentum that might help it to breach this resistance, amid the dominance of bullish corrective waves on the short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of its recovery in the upcoming near period.