I can't make much of a case for either direction at the moment. But the StochRSI on the 2-Hour chart is showing that we are overbought at this point. MACD oscillators are close to the center line as well as the moving averages themselves.
Bollinger Bands are showing some decreased volatility overall, but we're still looking volatile with this movement.
Volume...
Overall most of the indicators point to the fact that we are not breaking the trend. There is SOME volume, but not volume the way we saw in the bubble. If anything it's volume that supports price stability around this range, however I think selling could be imminent.
The same pattern of volatility has taken place all the way down the trend line in respect to the...
Bitcoin will see another 10% decline before finding some good support around $470. This level coincides with support, .382 Fibonanci Retracement and the mid-point of the Bollinger Band. I also have Bids around 443, just in case we have a deeper pullback.