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Bitcoin- New low soon?

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Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTCUSD BTCUSDT bitcoinforecast bitcoindollar bitcointrading bitcoinanalysis btcusdshort btcusdforecast
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trendanalysis chartpattern indicator bitcoin btcusd btcusdt bitcoinforecast bitcoindollar bitcointrading bitcoinanalysis btcusdshort btcusdforecast
The main cryptocurrency consolidated and digested losses in the past 2 days. Bulls seem incapable to keep the price above 50k and a pennant is forming on lower time frames.
A new leg down can follow after the pattern's break and my 42k target will be in focus.
Bitcoin above 53-54k would delay this scenario
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