BTCUSD long view

Early this morning, during the Asian period, the price of bitcoin jumped from $ 30,000 to $ 31,500. During the European period, the price managed to consolidate at that level and is now leaning again on the bullish side for a potential continuation. Our first target is the $ 32,000 previous high from May. The May high is at $ 32,480. Bitcoin could recover rapidly if the dollar index consolidates at the current level and begins to weaken this week. For the bearish option, we need negative consolidation and a pullback below $ 31,000. After that, the price of bitcoin returns to the zone of previous lateral consolidation between the level of 29000-31000 dollars.