The bitcoin price (BTCUSD) rose slightly in its recent intraday trading, affected by the stability of the current support at $102,000, providing it positive support to settle after it attempted to gather its previous gains and gaining positive momentum that might assist it to keep the main bullish trend on the short-term basis within its trading alongside a bias line.
This comes amid the continuation of the dynamic support that is represented by its trading above its EMA50, with the beginning of positive overlapping signals appearance on the (RSI), after reaching oversold level, exaggeratedly compared by the price movement, which suggests the beginning of forming a positive divergence, that will increase the positive momentum.
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