The daily chart of BTCUSD is displaying a bearish trend, as evidenced by the lower highs and lower lows. The price has been in a downtrend since the beginning of the year, with a series of lower highs and lower lows. The recent candles have been forming a descending triangle, indicating a potential breakdown in the price. The volume has been increasing on the downtrend, indicating that the sellers are gaining momentum. The RSI is also in oversold territory, indicating that a bounce could be imminent. However, the trend is still bearish, and a breakout below the support level could…

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