Op, don't get scared by the Bitcoin's short-term volatility you are seeing now.

Since it is now clear that the price has failed several times to break above the $31k point of resistance so far,  the market has already started reacting by moving towards the downside $28.8k latest low and pulling out the Fibonacci retracement on the daily timeframe from the low of this move, $25k to it highest $31.8k, seems we have a little more leg down to hit 27.5k, 0.50% and 0.68% Fibonacci retracement my analysis.