BTC breakout to the upside?

Bitcoin has finally made it above 3800 USD, seems like it wants to break out, I am keeping a very close eye on BTC, to hopefully stay above 3800 for a few 4 hour handles, proofing the strength needed right now. This could hit some people who went short quite badly. Lets see if we get a short squeeze...

Many traders have been rather bearish on bitcoin lately. I can imagine that we are seeing a nice little run to the upside, ending this downside correction. But it is still too early to claim that, we got to defend the 3800 for a while.