On the H1 chart of BTCUSD, Bitcoin has been carving a pronounced bearish channel since the 73k level, with each successive high failing to reclaim prior peaks. The series of lower highs (e.g., 72, 71, 70k) and lower lows (down to 66k) confirms a classic downtrend. Volume spikes around the 71k‑72k region coincided with sharp sell‑offs, while the later moderate volume has been insufficient to sustain any rally, indicating weak buying interest. The most recent candles have tested the 67k‑66k support zone, and a break below the 66.5k level would invalidate the last bullish swing, opening the path toward the…

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