BTCUSD
Strong Resistance Level: 62,765
Minor Retracement Level: 60,415
Current Price: Around 59,168
Major Retracement Level: 57,694
Strong Support Level: 54,547
The price is hovering around the minor retracement level.
The chart suggests a bearish trend, with an expected move towards the major retracement level and possibly to the strong support level.
Current Scenario: Price is testing the minor retracement level at 59,168.