The price of bitcoin is trading above the midpoint of the ascending channel which indicates a bullish momentum.
For as long as the price is above, look for 31 450 which will make it a retest.
Once broken this region will form a support and above this point look for 34 300 as a possible target.
For as long as the price is above, look for 31 450 which will make it a retest.
Once broken this region will form a support and above this point look for 34 300 as a possible target.
My feel is that 34 470 will be easier as it is the ceiling of the ascending channel at which point if broken more gains will follow.