Bitcoin makes a clear breakout. There is a lot of resistance in $39,700-$40,000 area on small time frames. BTC need to break and hold above $40,000 to give a try to break the major resistance of $42,000-$42,500 and start the new bull trend.
As mentioned BTC facing heavy resistance in $39,700-$40,000 zone and unable to break $40,000 in first attempt. Also Bitcoin is facing 200 MA resistance on 4-hour chart and 100 MA resistance on 1-day chart. If BTC crossed $40,000 then we see a retest of $42,000-$42,500 and expecting that this time bulls will break it with good volume. The market is still bullish and looks like the correction is over.