Buy Bitcoin only when u see a closing above 40277 on hourly basis and higher high formation. Go short on bitcoin only when it closes below 39618 forming a lower low on hourly basis. Until either of these two things happen dont trade BITCOIN. Buy Bitcoin: if the first condition is satisfied then the target for Bitcoin on buy side is 41533 Short Bitcoin: If the second condition as mentioned above then target is 38250.
Until any of the above conditions is met stay away from BItcoin.