The BTCUSD daily chart presents a bearish trend, with a clear downtrend line established since the peak in early March. The recent surge above 70000 was short-lived, as price has resumed its decline, touching a fresh low of 68782.69. The bearish momentum is further reinforced by the decreasing volume, indicating a lack of buying interest. The Relative Strength Index (RSI) is also in bearish territory, suggesting that the downtrend is far from over. Given the strong resistance at 83282.53 and the recent price action, it is reasonable to expect further declines in the coming days. The setup supports a sell…

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