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.
