Bitcoin is ready to decline again. We have seen the price fill the CME gap left over the weekend. Now, it is all set to begin the next downtrend. This would have to be in sync with a decline in oil and the stock market. So far, oil is stalling a decline below $20/barrel but sooner or later we will see a decisive move. As for BTC/USD, the next decline in SPX and EUR/USD will significantly hinder Bitcoin's chances of beginning a new bull trend any time soon.