Bitcoin seems to be trailing around 7.5k with the retracement being similar to the previous 4 days. Currently correlations have been on the negative side. This is especially true given recent news and bidding against BTC prices on indexes and futures. Right now however, the market acceptance is seemingly increasing. Even after the suffering it had with the holiday seasons, and up until now, people are starting to notice technological use cases for the Blockchain. Also, consumer psychology indicates that given BTC's previous history, a long term HODL is still reasonable.