Bitcoin back above 30k again this morning

Yesterday as Bitcoin dropped back below 30k once more, it was noted here on the Quick News; that it simply could not seem to rebound back above that level. Well, that was true until the end of the day, when it did finally manage that, as the wider US markets drew to a close. It has extended that gain so far today. The price reached as high as 30,459 a little earlier this morning. The current chart configuration is still showing signs of potential further upside correctional price action, but the going is slow still and not yet dynamic. Meantime, the 21 day moving average is still falling steeply and dropping ever closer to the prevailing price action. Right now it is in place at 34,378. It seems likely that it will soon fall to the noted 32,970 price point. If that happens then it might meet an inflection point, if the current rebound continues. Either way 32,970 still remains a major hurdle for the time being. The range seen so far today has been covered by 29,762 to 34,459. Bitcoin is currently trading at 30,333