The price of (BTCUSD) declined in its last trading on the intraday levels, affected by the stability of the critical resistance at $117,000, in attempt to gain the required bullish momentum to help it to breach the resistance, besides its attempt to offload some of its clear overbought condition on the relative strength indicators, especially with the emergence of the negative signals from them, with the continuation of the positive support that comes from its trading above EMA50, and its trading alongside bullish correction trend line intensifies the bullish momentum on the short-term basis.

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