Bitcoin Tilted to The Downside

Negative trading controls the movements of Bitcoin after it found a strong resistance level around 32,000, as the current moves witness a stable bearish slope near the lowest level during the session.

The technical side indicates the possibility of continuing the decline due to the negative pressures of the simple moving averages, but the condition to confirm breaking the support level of 31,870 and the most important 31,830, targeting 31,815, and then 31,730 next stations.

Only from the top, rising again above 32,025 will invalidate the bearish scenario, and we are witnessing positive trades, with an initial target of 32,110 and then 21,170.

Note: the risk level is still high.

S1: 31870	R1: 32025
S2: 31815	R2: 32110
S3: 31730	R3: 32170