The BTCUSD daily chart is exhibiting a bearish trend, with the price forming a descending triangle pattern. The recent high at 78305.19 was unable to hold, and the price has been declining since. The volume accompanying this move is moderate, which suggests a lack of conviction from the buyers. The Relative Strength Index (RSI) is in oversold territory, indicating that the price may be due for a bounce. However, the trend is still bearish, and a sell signal is justified. The price may continue to decline towards the support level of 67710.14, where it may find some resistance. The sell…

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