Bitcoin, like the rest of the market, has been falling hard as of late due to the black swan event, Plustoken scammers selling, longs liquidating, and CME gap at a lower price. The Plustoken scammer selling this round is almost over which should mean long would no longer be liquidating. One other thing is that the lower CME gap have been filled, leaving only the one at $11600 open, which gives us hope for a rally.