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Bitcoin Establishes Value

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Bitcoin is continuing to establish value between $37.7K and $40K. It appears that BTC is not quite ready for the $40K's yet. Be careful, because we appear to have a prolonged head and shoulders type pattern with the neckline at $37.7K. If we are to break down, we will first have support at $36.7K but after that there is a vacuum zone to $34.9K. If we gain some traction and are able to crack the $40K handle, then $41.9K is our next target, then it should be clear sailing to $45K.
Nota
Ethereum led Bitcoin! We are back above $40K!

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