The daily chart of BTCUSD is showing a bearish trend, with a decline in prices over the past few weeks. The recent candlesticks indicate a strong selling pressure, with the price breaking below the support level at 78230.1. The volume has been increasing, which confirms the strength of the move. The momentum indicators are also pointing towards a downward trend, indicating a high probability of further price declines. The price may continue to fall towards the target of 68214.26, as the selling pressure is likely to persist. The current setup supports the sell signal, as the price is trading below…

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