As we can see on the daily chart Bitcoin has failed to stay above $7005 which is on the 0.5 fib retacement level.
Bitcoin is currently being rejected by 0.168 fib level $6537 this shows the bulls are week and following a death cross signals sellers are stepping in to market expect volatility.
Bitcoin is currently being rejected by 0.168 fib level $6537 this shows the bulls are week and following a death cross signals sellers are stepping in to market expect volatility.