Bitcoin (BTCUSD) continues its attempts to build positive momentum that could help it resume its short-term gains, fluctuating to ease some of the overbought conditions reflected by the relative strength indicators, particularly as early negative signals begin to emerge. However, the bullish outlook remains supported by the price trading above EMA50, which continues to provide dynamic support. This positive scenario is reinforced by Bitcoins breakout from a bearish corrective price channel that had previously constrained its short-term trading.