31.5k held nicely as support, and was a level mentioned in many of my previous ideas as a level where we had many confluences.
We bounced off 31.5k, reclaimed weekly, retested it (long entry), reclaimed the VAL and now reclaimed daily open, which is very .
If we hold above those levels, 31.5k has a nice chance of being the bottom of this 55 days-ish correction and BTC will start making its way back up.
If we break back below the weekly, this will be a sign of weakness which could invalidate the 31.5k bottom.
Good luck traders
Remember not to break your rules