Bitcoin price soars high Analysis 23-04-2025
Bitcoin price rose in its last trading on the intraday levels, after reaching our price target yesterday at $92.500, to attempt to breach now, amid the dominance of the main bullish trend on the short-term basis, and its trading alongside the trendline, with the continuation of the positive pressure due to its trading above the EMA50.
On the other hand, we notice the emergence of negative signals on the (RSI), after reaching clear overbought levels, which might decelerate the rise due to the neediness to offload some of the overbought conditions.
