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This chart shows the price action of Bitcoin (BTC/USD) on the 45

175
The price is moving within a downward channel, indicating a bearish trend.

Multiple Break of Structure (BOS) points confirm ongoing downward momentum.

A possible short (sell) setup is illustrated, expecting the price to:

Retest the upper boundary of the channel (around 106,541)

Overall, this analysis anticipates further decline in Bitcoin’s price.

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