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.
