#BTCUSD #BITCOIN setting up for an explosive upmove

Bitcoin is coiling in a 1-2, 1-2 preparing for an explosive wave 3 of 3. If the uptrend breaks we are looking at a rally like no other.

Trade active:

Bitcoin's upward break of the resistance line is a positive development. A long term bull market is resuming , stop level will be 9735

Trade active:

Stop Loss moved up to 11450

Trade closed manually:

Closing trade at 38012. Likely to have a C wave down move prior to any further upmove
Entry 11300
Exit 38012