Bitcoin Re-test Resistance

Negative trading dominated Bitcoin’s moves within the profit-making operations aimed at touching 32,820 levels. On the technical side, today we may witness the completion of a bearish correction with the continuation of the negative pressure of the 50-day moving average, but on condition that we witness a clear break of the support level of 33,010, which increases the possibility of hitting 32,380 targets then 31,950.

Trading above 33,930 will stop the negative moves, and we are witnessing a bullish rally towards 34,080 then 34,520.

Note: The risk level is high.

S1: 33010	R1: 34080
S2: 32380	R2: 34520
S3: 31945	R3: 35155