The H1 chart of BTCUSD reveals a bearish trend, with the price having formed a series of lower highs and lower lows since the beginning of the candle window. The recent price action has been characterized by a decrease in momentum, with the price experiencing a series of minor corrections before continuing its downward trajectory. The volume has been relatively low, indicating a lack of strong buying interest, which further supports the bearish trend. The current price is trading near a key level of support at around 80550, and a break below this level could lead to further declines. The…

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