Bitcoin following normal patterns, as you can see Bitcoin was very overbought and has had a healthy correction.

Looking at the RSI you can see we went well above the overbought line which usually means we will correct down soon. I have said this many times throughout my Steemit Blogging career that the RSI is the best indicator on what direction the market will be going in the short term. Bull runs happen and the price spikes up, when the RSI indicates overbought usually you will see it correct down, the price action cools off then the run continues.

News

• https://www.coindesk.com/binance-partners-with-ciphertrace-in-latest-compliance-push. This is good news because more compliance means more products, means more adoption.
• https://cryptopotato.com/bakkt-bitcoin-futures-exchange-hires-new-product-chief-former-google-paypal/. Bakkt is the biggest catalyst for Bitcoin in my opinion.

I am not a financial advisory and this is not financial advice, invest at your own risk.