TA: Bitcoin Price Breakout Suggests A Short-term Trend Change

Bitcoin gained pace above the $39,000 resistance against the US Dollar. BTC even tested $40,000 and might continue to rise in the near term.Bitcoin started a decent increase above the $38,800 and $39,000 resistance levels.
The price is now trading above $39,000 and the 100 hourly simple moving average.
There was a break above a major bearish trend line with resistance near $38,475 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair might attempt more upsides above the $40,0