BTC closes the day above $38,000

Bitcoin had a day close above the 38k level for the first time since January 14th after rejecting it a few times. After a strong pullback from 42K to 30k, it seemed to have gain some strength, especially since ETH and many other alt-coins have had strong rallies. Is it the time for Bitcoin to have its second rally since it crushed its 2017 all-time-high? Or is it gonna go sideways?

The next key level after clearing 42K would be the 2.618 Fib level relative to the 2017 ATH. If there is stability above $38,000 for the next few days, I think we could se a good upside momentum for next week, not only for BTC, but the crypto market in general.

What do you think? Too optimistic?