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#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.
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Bitcoin's upward break of the resistance line is a positive development. A long term bull market is resuming , stop level will be 9735
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Stop Loss moved up to 11450
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Closing trade at 38012. Likely to have a C wave down move prior to any further upmove
Entry 11300
Exit 38012

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