July 6, 2026

Bitcoin having trouble getting through Fib Retracement 61.8%

Bitcoin having trouble getting through Fib Retracement 61.8%

Bitcoin having trouble getting through Fib Retracement 61.8%

Bitcoin having trouble getting through Fib Retracement 61.8%

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
BDG


Bitcoin having trouble getting through Fib Retracement 61.8%

How long will it be before BTC gathers enough momentum to break through Fib 61.8% ?
Or will it give up and drop lower so people can accumulate at a lower price?

I thought crypto would be soaring, now that the U.S. Petro Dollar is coming under attack from Russia, India and China. If they go ahead with their plans to dump the dollar, a lot of USD will come flooding back to the U.S. to cause inflation . But that hasn’t happened (yet).

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