Bitcoin post break upwards

by David

We can see that Bitcoin has recently broken upwards after retesting a significant level of support around 37.5k.

From here are currently testing the previous resistance as support at 40k. This could lead to another test of 41k before further levels getting tested.

If we do move up some resistance can be expected at the previous high of 41.4k, as well as the 0.786 fib.