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Cryptorphic
Dec 26, 2020 5:01 PM

#BTCUSD 28k Incoming? 

Bitcoin / U.S. dollarBitstamp

Description

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.

Follow me for more updates.
Thanks
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#PEACE
Comments
ProjectSyndicate
everything looks good. valid technical setup. nice upside.
Cryptorphic
@ProjectSyndicate, Thanks a lot mate
scousertommy
27.2 k for now after that resistance we shall see
abel11
this was such an accurate forecast
Cryptorphic
@abel11, Thanks a lot mate.
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