Bitcoin is back in fashion again today

Following the previous update on the rise above $2k in Ether today, it should come as no surprise to see that Bitcoin has extended its gains above 30k today too. Yesterday, the noted rise above its 21 day moving average (now at 29,645) was the catalyst for a break higher. The break out to the topside of noted pennant formation was also in play too. Well that combination has helped BTC to rise above 32k today. The range seen so far has been covered by 31,211 to 32,173. It has been a dynamic move so far since last weekend and it looks like BTC is back in fashion again now after it lifted above all, but one of the noted interim resistance levels outlined here yesterday. The last of those is at 32,635. Bitcoin is currently trading at 31,517