The daily chart for BTCUSD presents a bearish momentum, with the price exhibiting a steady decline since the middle of March. The recent candles have shown a weakening trend, with decreasing highs and increasing lows. The volume has been relatively low, but the recent increase in volume on the 2026-05-07 candle suggests a possible exhaustion of the bullish trend. The price has been stuck in a range between 68000 and 75000 for several weeks, with the 68000 level acting as a strong support. The recent candle close below this level indicates a potential breakdown, which could lead to a further…

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