Odaily Planet Daily News 10x Research founder Markus Thielen said: "Technically, Bitcoin seems to follow a double top structure, and the support level is being tested. This chart form should be our base case (unless it becomes invalid). This pattern can easily fall to $50,000 or even $45,000." Thielen added: "The US election and CPI later this year should be bullish, but we may still experience a more severe correction." (CoinDesk)