Keep your eye on BTC vs shorting activity. It'll give you some insight into where BTC is going. It appears shorts are starting to rise again, which isn't good news for BTC.
i think it is not really correlated. For example, the BTC longs was at the top just before the correction. I believe this is very similar.
markoshust
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@retiringsoon1, I think BTCUSDSHORTS is more accurate than longs. the whales/manipulators are controlling the market right now, and the sell won't slow down until they want it to. they are totally correlated, look at massive shorts on january 26, right before major downturn. this is all orchestrated.