BTCUSD represents the price of Bitcoin, the leading cryptocurrency, in US Dollars, on a one-hour (H1) timeframe. The recent price action has been trending downwards, with a clear bearish momentum building up. Looking at the last candles, we can see a clear downtrend with lower highs and lower lows. The price has broken below the support level of 72000, and the momentum indicators suggest a strong bearish bias. The volume has been increasing, which confirms the strength of the move and supports our sell signal. The current setup suggests that the price may continue to decline, potentially reaching the next…

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