It's over. 6 hours of lower highs and lower lows. And volume is picking up in China. 
This. I changed my position to short at about 514 a few hours ago when we crossed trend lines... I am kicking myself for not doing it sooner. We have more to drop.
Also, buying pressure will be depressed because of Coinbase and leverage pressure will be depressed because the change of policy of Bitfinex soon to go into effect. In a nutshell... more blood, guys. Wish it wasn't so. It was nice while the party lasted.
P.S. -- Don't take my trading advice on face value. I am a Newbie. I've done ok the past few days, but am a couple percentage points down. I am a pretty smart fellar, but I am still learning the ropes a bit.
I'm glad I woke up early today so I had time to close my long in an orderly fashion. I got done in the nick of time and only managed to short 1 BTC. At $514, same as you
I think we could be seeing a head and shoulders pattern forming. I might short more if there is a little bounce. Don't worry too much about loosing a little when you are starting out. When I began trading I started of with a small amount, made many mistakes and lost some $. I gradually got better and increased my investment. If we continue down I will most
