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.