$BTC: 0.786 Fib Continues to Reject PriceBitcoin / TetherUSBINANCE:BTCUSDTDukesMarketAnalysisFirst of Two Bitcoin Charts This is the first of two Bitcoin charts this morning, starting with the daily timeframe before moving to the shorter-term picture later. Price is once again struggling beneath a major resistance cluster. 0.786 Fib Rejects Bulls Again Bitcoin has failed once more to break above the 0.786 Fibonacci level around $65,260. Repeated rejection from this area suggests buyers are still lacking the strength needed to push the recovery higher. 50-Day EMA Adds Resistance The 50-day EMA sits directly above price, creating further confluence around the same resistance zone. Until bulls reclaim both the moving average and the Fibonacci level, the broader recovery remains vulnerable. Momentum Remains Weak RSI continues to hover around 50, showing little conviction from either side. StochRSI is also flattening just below overbought territory, suggesting bullish momentum is beginning to fade. Support Now Comes Into Focus Price is currently testing the 0.618 Fibonacci level around $63,666. A clean break below this area would weaken the short-term higher-low structure and increase the risk of a deeper pullback. In Summary Bitcoin is once again failing to overcome the 0.786 Fibonacci resistance, with the 50-day EMA adding further pressure overhead. Momentum also appears to be fading, leaving the current recovery looking increasingly fragile. Bulls still have an opportunity to defend the 0.618 Fib and maintain the short-term structure, but another rejection from resistance keeps the risk tilted towards further weakness.