Bitcoin dropped in a big way in the last 24 hour period on above average volume. Bitcoin crashed through the support of the 200 day.
This completes the right shoulder of the Head and Shoulders pattern that has been in play since January 13th 2020.
The MACD and RSI are nearing the bottom as Bitcoin is holding the support at $8075.
STEEM is fairing a lot better as it remains above the 200 day moving average.