Timeframe: H4
Trend: Continuation of the downtrend since 7th June 2024.
Support/Resistance: If BTCUSD is resisted by the 23.6% Fibonacci retracement level at 61718, the price could continue trading lower.
TSRI MACD: No crossover to signal selling opportunity yet. But MACD line converging with volume (histogram) decreasing.
Next key support is at 56847