Looks like correction after correction BTC has given up trading in this region.
Besides, the awkward wicks from time to time, the correction has been contained in parallel channel. I must say I'm quite impressed by the volatility in which Bitcoin maneuvers, and scares the hell out of me to trade.
Only thing I have related to find spot to trade BTC is the news and sentiment. Whenever there is good news, it follows up with a dump. Its really tough to navigate (for me, at least) to trade such manipulated stock.