Bitcoin Tends to Have Intraday Negativity

Positive trading dominated the Bitcoin, surpassing the second target required to be achieved during the previous technical report at 38,220, to post high at 39,943.

Technically, the current moves are witnessing a slight bearish slope due to the RSI gradually losing upward momentum over short time frames.

We tend to be negative in the coming hours with the aim of retesting 36,570 and may extend later to 35,540. The activation of the bearish scenario depends on trading stability below 39,290, and its breakout leads to a bullish path whose targets start around 40,990.

Note: The risk level is high and all scenarios are on the table.

S1: 36570	R1: 39295
S2: 35530	R2: 40985
S3: 33845	R3: 42025