Bitcoin (BTCUSD) prices settled with cautious gains during their last intraday trading, after the stability of the key support of $107,400, gaining bullish momentum that helped it to achieve these gains and surpass the resistance of its EMA50, however the main bearish trend remains the dominant on the trading, especially with its trading alongside supportive trendline, besides the relative strength indicators reaching sever overbought levels compared to the price move, indicating the beginning of forming negative divergence, which intensified the negative pressure on the price.
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