BTCUSD sideway channel

The bitcoin price has been in the sideway consolidation in the last ten days, between 28,500-31,500 dollars. On May 20, the price tested the lower support again and launched a new bullish consolidation. Over the weekend, the price gradually rose, resulting in a break above the $ 30,000 level. We should climb to the $ 31,500 level again in the next period. If the price stays around that level, maybe we could see a break above and a rise to higher levels on the chart. the first next bullish level is $ 32,000, then $ 32,650. We need a new negative consolidation and a pullback below the $ 30,000 level for the bearish option. After that, we can expect re-testing of previous support in the zone of $ 28,500-29,000. The price break below would probably bring us down to testing previous May levels.