Bitcoin Price Jumps to 4-Month High Above $31k on BlackRock ETF Hopes and Growing Momentum
- Bitcoin price surged above $31k over the weekend, reaching a 4-month high
- The move comes amid excitement over a potential Bitcoin spot ETF launch by BlackRock
- Spot trading volumes and institutional inflows have picked up recently
- Technicals show positives like 20-day MA crossing above 200-day MA
- Daily closes above $31.7k pivot point would confirm bullish momentum
