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Bitcoin is Back??

Bitcoin has seen a tremendous surge of bull momentum after news that Amazon will be accepting crypto payments and is developing their own cryptocurrency. We have smashed through 34K which was a significant milestone and a technical level which has proved to be a barrier to BTC. The rally took us just shy of 40K, which is the ultimate validation of another bull run. If we can break this level, then we can be confident the wave of malaise for crypto has ended. We will have support from 37.7K and will have further support by 36.7K, but there is a vacuum zone down to 34.9K if these levels do not hold.