Bitcoin is sadly still attached to the S&P 500 Stock Market. The S&P 500 is breaking down bearishly out of its pattern and pulling BTC down along with it. Also ETH was a leading indicator for BTC because it was breaking about two days prior in anticipating the S&P 500 breakdown. The only thing to make the S&P 500 recover is if the pattern for it turns out to be a cup & handle pattern to pull it back up.