According to some analysts, Bitcoin (BTC) may be heading for a significant downturn towards the $50,000 mark. In a recent analysis, Markus Thielen, the founder of 10x Research, pointed out that Bitcoin is currently testing its support level as a result of a double top formation. This formation is characterized by two similar peaks followed by a break at the support, which is known as the neckline. Stay up to date with the latest financial and business news by visiting COINTURK FINANCE.