Bitcoin held has been consolidating well and gaining momentum for the next leg up. The quick flushes have always resulted in a bounce back above support prices. With the volume declining over the last 5 days and the price creeping nearer to the 2900 resistance, i would say this is a fulfillment of classic bullish continuation pattern. Especially since the rest of the cryptos like Ethereum have broken previous resistances, there's no reason why the king of crypto should lag far behind.
A conservative projection puts the target of this next leg at $3200. Again, i dont think it would take a very long time to hit that.