Cryptorphic

#BTCUSD 28k Incoming?

BITSTAMP:BTCUSD   Bitcoin
Hello guys, we are back from Christmas Break!
BTC is just unstoppable, this Christmas has been really great for many people who bought BTC at higher prices back in 2017.
This is a good start for the upcoming new year.
Let's get to the BTC chart.
BTC could probably reach 28k if the current red trendline resistance is retested perfectly even after the daily close.
Weekly close will also be equally important.
Rejection could Pull BTC back to 22.5k which is the lower trendline support of the expanding channel.
For now BTC looks bullish unless rejected.

Keep an eye on the Weekly close.

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