On the H4 chart of BTCUSD, Bitcoin has been carving lower highs since the 66900‑level, with the most recent candle closing below the 66000 support zone. The open of the last bar was near the prior swing high, but the close slipped to 65655, confirming a break of the 66000‑plus resistance‑turned‑support. Volume on the break was above the 40‑k average, indicating strong participation on the downside. The price action also shows a classic descending channel: each swing low is lower than the previous, and the bullish momentum seen earlier has faded. With the 65800‑level now acting as a resistance, further…

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