From what I understand after reading the
NewsBTC article, the trader is expecting a downward move as you say:
He claims that this bout of sideways trading is likely to resolve in a massive movement, and notes that he is leaning towards believing that the next move will favor sellers.
Funnily enough, bitcoin ended up rising in price by a bit($200) since the article was written, and compared to the chart provided by this "OnE tOp BiTcOiN tRaDeR". That should be enough proof that people shouldn't take these things seriously.