Bitcoin takes another hit.. we just couldn't pass the 6750$ level. The power of the 0.5 fibonacci retracement level

BTC/USD daily:

• as we all know by now, the 6750$ level (or the .5 fibonacci retracement) is a major resistance for us
• we have a double top exactly there (yellow line) and it seems that we don't have the strength to exceed it
• currently we're below the .382 level and find support at the basis line (red) of the Bollinger Bands
• if we continue like this, the MACD will turn red again perhaps the day after tomorrow

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BTC/USD 1h - a closer look:

• unfortunately Bart Simpson is again among us
• look how powerful the 0.5 line is; more than 5 attempts to break it
• we could retrace to the .382 and close the daily candle there

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