Bitcoin bearish?! could fall to 31000-32000 support level
Disclaimer: This is a Newbie analyses with no past Experience! so please Take it Easy
The candles have almost formed a bearish Raising Wedge Pattern during the last three months, hence similar to last years (2021) MARCH-APRIL-MAY period we might fall to 31000-32000 support level.
Breaking the 37500-37000 level could be a confirmation of the down trend.
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate your constructive comment and feedback in advance.
The candles have almost formed a bearish Raising Wedge Pattern during the last three months, hence similar to last years (2021) MARCH-APRIL-MAY period we might fall to 31000-32000 support level.
Breaking the 37500-37000 level could be a confirmation of the down trend.
This is not a financial advise!
Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge.
Appreciate your constructive comment and feedback in advance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.