Forecast update for Bitcoin -13-05-2025

The price of (Brent) rose in its recent intraday trading, after it succeeded to find a rising bottom to use it as a base for its recovery, amid its movement alongside a bullish correctional trend line on the short-term basis, supported by its trading above its EMA50, besides entering the (RSI) an exaggerated oversold levels compared by the price movement.

The price of (Crude oil) rose in its recent intraday trading, to settle above the resistance of $61.70 again, in a signal to begin its recovery, amid the dominance of the bullish correctional trend on the short-term basis alongside a bias line, with the (RSI) indicators reach to the oversold levels, exaggeratedly compared by the price move, which indicates the beginning of forming a positive divergence.

The price of (silver) rose in its recent intraday trading, surpassing the negative pressure of the EMA50, and supported by the emergence of the positive signals on the (RSI), despite its reach to overbought levels, amid its trading alongside a bullish correctional bias on the short-term basis.