[BitCoke] price slump below $9000, a clear sign of weakness

Market is down as bull failed to recover from weak consolidation between 9200 and 9600. Since market decides to go down to test major short-term support around 8700, curren price at 8900 should be a intermediate stop on the down path.

On chart, Bitcoin failed to break out bearish trendline even though news from China sounds very exciting.