BTCUSD (bitcoin) on chart is taking continuous support and if sustain a sharp short covering and BITCOIN/BTCUSD may touch $40000 in near term.
After more than 18 months a channel is being broken and the break out is sustaining at the level.
On chart BTCUSD clearly showing strength and we can see upper level in upcoming days, but one must be very much aware the volatility of bitcoin. A trader should take any trade with proper stop loss.
In our previous post BTCUSD did well and gave its target to the level.
Target hit BTCUSD bitcoin/USD (tradersfight.com)