#### Bitcoin is struggling again at the 0.5 fibonacci retracement (6750$), but this time we've completed an inverse head and shoulders pattern, which could give us an impulse to break this resistance. We have two possible options: 
- #### 1 - a breakout and a continuation towards the third Elliot wave
- #### 2 - a breakdown and an interruption of the higher lows pattern 

<h5><sub>*right click & open the image in a new tab for better quality*</sub></h5>![1.png](https://cdn.steemitimages.com/DQmPEz8fZQymvSHrCsYgK7n7Qn7HeoDGBuY5hhqmnUzHyCc/1.png)

#### I strongly believe that the coming Bitcoin ETFs announcements and the momentum that we accumulate will send us above these resistance levels

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### <center>**Thanks for reading and safe trading!**</center>