BTCUSD bearish pressure

The price of Bitcoin continues its bearish trend, forming its new May low of $ 32,700. In the last fall in the price, bitcoin lost 18.4% of its value, and only today, 3.59%: It is very likely that we will see a continuation of the fall in the price towards the $ 32,000 level. We can draw a parallel channel on the chart to make it easier to track price movements. For the bullish option, we have no current characters on the chart until the price finds support. For something like that, we need the formation of a new bottom and a new positive consolidation that would manage to raise the price above the $ 35,000 level. An important zone for a potential reversal of the trend is around $ 36,000, the site of the previous consolidation from which this bearish trend emerged. Only after that can we hope that the price of Bitcoin with technical support will continue further towards the $ 40,000 resistance zone.