#bitcoin still continues sideways with more downward trending and still shows no signs of breakout to upside.
– of falling down (red candle) is stronger and faster than upward (green candle), , as buyers aren’t enough to pull it up strongly.
– From the chart, such pattern suggests downward probability > upward probability. There’s more uncertainty over China miners who’re dumping their machines and bitcoins , could continue to sell their bitcoins .
PS: Correction is tricky, nothing suggests upside bull pattern yet. I’m long #BTC but will not add unless the correction is over.