This is a refreshingly bullish scenario for BTC - braking back above 30k after a sustained day under it and then straight back above 31K shows Bulls are here to play.
31K is key to hold at the bare minimum here - getting above 32.2k is a very positive sign. It is going to be a rocky road but getting back above 30k was so critical.
So much hangs on this B-Word as Elon could literally come out with anything so lets hope its bullish.
My play for BTC is to wait until after Midday EDT and if we hold above 31K then long to 32.2k
If we sink below 31K then it is back to looking at a short to 30k and then on to 28.2k.
It is positive news today but be careful still we are still long way from a long term bullish sentiment.
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