Based on BTC daily chart, it had rallied to 
39K and currently is staying above $38k recently.
Based on MACD indicator, it is indicating a bearish divergence which MACD is having lower high while BTC having higher low.
BTC still needs to break through 2 resistance to confirm it is bullish. First is
41K and the second is 
42K and retest above it.
A rejection will bring BTC back down to around $35k support.
39K and currently is staying above $38k recently.Based on MACD indicator, it is indicating a bearish divergence which MACD is having lower high while BTC having higher low.
BTC still needs to break through 2 resistance to confirm it is bullish. First is
41K and the second is 42K and retest above it.A rejection will bring BTC back down to around $35k support.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.