Bitcoin price declined during recent intraday trading, surpassing the negative pressure, which begin by the dominance of bearish corrective wave on the short-term basis, with a negative and dynamic pressure that is represented by its trading below EMA50, noticing the formation of negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of the negative signals from them, intensifying the pressure to suggest more downside moves in the near upcoming period.