chart #2 looking bearish

HUOBI:BTCCNY   Bitcoin / Chinese Yuan
48 0 0
Too much emotion going around. Just because it's going down doesn't mean it's the death of BTC             . Going down can be a good thing. It needs to make new lows in order for it to make new highs. Just my opinion anyway. I have a feeling DanV was right as far as his prediction that we would reverse at 250-260