Here is a one hour chart of last 3 days, the market has rallied to the first deviation line that acted as resistance; I though this would be easy to pass and attack again the $450 recent top, but the market showed weakness moving again below my short term VWAP and found support at the first negative price deviation line.

I’ve seen a strong buying climax on paypal news when the market topped at $450 and since then it completely retraced down to $400 where the rally to $450 started. This is definitely a bearish behaviour and if XBT/USD fails to quickly recover the $420-$425 price zone i expect to see a further drop to $380 and possibly lower, to new lows.