Bitcoin pushed through the 200 day moving average in the drop and the 200 day is proving to be resistance.
The volume has dropped off as the RSI and MACD look to be bottoming.
A bearish inside bar is forming off this bear flag pattern here.
I am looking at continued consolidation here as the resistance at the 200 day is proving to be strong and the support at $8000 is weak.
STEEM is trying to hold on to the $0.13 level.