Bitcoin is flirting with the 40,000 psychological level, at the moment we are at 38,500, but we can see higher lows being formed and a significant contraction in volatility.
We place our buy stop at 38,808 with tight stop loss just below the lows tested in the past two weeks.
TP at next psychological level at 52,000.
BTCUSDChart PatternsLONGtothemoonTrend Analysis

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