Bitcoin holding above 30k so far today

Since the last update here on Bitcoin, the lead cryptocurrency has traded mostly sideways. On the one hand it is still positive above 28k, but on the other is lacks any traction above 31,500. That is well demonstrated by the price action so far this week. Personally speaking I do not care too much for the upside right now unless a more dynamic rebound above 33k can play out. Having said that, the 21 day moving average is now turning higher and that could prove to be supportive if maintained. That moving average is in place right now at 29,938. The range seen so far today has been covered by 30,049 to 30,463. It is currently trading at 30,317