As per my last analysis on BTC I said if we can break to the two resistance lines then the path to 40k will be open. This played out and BTC jump to $39.2k, can expect small correction as MACD on H1 is bearish and has similar formation to a previous bearish MACD as circled below. Can bounce off the new support line on the log graph before reaching $40k. On linear graph, which I will post in my next post for reference, you can see there is a temporary resistance to break before reaching $40k.
D1 chart still bullish.
D1 chart still bullish.