COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Bulls are unable to punch through the 0.786 fib and then 6800 resistance, after multiple attempts. With increasing bear volume over the last three days, a full bull capitulation may be saved with the formation of an inverse head and shoulders . A lot of work needs to be done with 12 day EMA back as dynamic resistance, and falling prices will have to be bought up in force.


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