Bitcoin below $57, 500 as Ether drops closer to $2000

Bitcoin has now fallen back below 57, 500 having earlier failed in attempt to climb back above 58k. The move lower comes as Ether also slips to fresh session lows as it drops closer to the $2000 handle now this morning. There is no direct news catalyst of note for either move and both look based on technical trading at this stage. Bitcoin is yet to break below that noted interim double bottom that has guarded the downside in recent days. Of course there is the potential for stops to be in place below this level now, but at the same time that cannot be irrevocably confirmed. Bitcoin is has rebound from a test of 57k a short while ago but it remains to be seen if it can re-establish itself back above that 57,500 level on a sustained basis