Bitcoin price spiked above the USD 52,000 resistance, but it failed to remain stable. BTC started a fresh decline below the USD 51,000 support. It is currently (05:00 UTC) trading below USD 50,000 and it seems like there are chances of more downsides.
Besides, most major altcoins are also correcting lower. ETH topped near USD 1,650 and corrected over USD 100. XRP/USD tested the USD 0.465