My take on BTC right now. Pretty stalemate situation but we see bulls struggling to hold daily EMA12 and cannot break the 0.618 Fib barrier where a lot of resistance lines converge. Bulls' failed attempts left a double top at ~7.7k and bears will feast on this weakness and go on the offensive. Who wants to buy up here with that kind of risk-reward? The 4hr MACD just turned bearish. Multi-day and weekly BBands are getting real tight and a big breakout may ensue soon(Trademark). Also, the 1000 Bitcoin buy-wall is back on Bitfinex, and if you kept attention this guy was with us all the way down from 9.9k, spoofing and creating a false sense of demand/support on every single bear flag downwards. My guess we go south now and then rebound significantly later this summer. Not financial advise! Feedback welcome