Because price failed to create a continuation structure after breaking the resistance level at 58494.35,bitcoin is more likely to continue falling to at least 52900 points or even 49000 if it creates a continuation pattern since it has broken the mini ascending channel for reversal COINBASE:BTCUSD
With the formation of the double top done,we should expect some downside momentum as EURJPY is about to break out of the arch formation of the ascending channel
