May 14, 2026

Bitcoin bearish?! could fall to 31000-32000 support level

Bitcoin bearish?! could fall to 31000-32000 support level

Bitcoin bearish?! could fall to 31000-32000 support level

Bitcoin bearish?! could fall to 31000-32000 support level

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
ashurbanipalcrypto


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.

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