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class="sc-7f46ca5-0 geAzVS news_content"><div class="heading"><a href="/news/latest"><svg width="17" height="16" viewBox="0 0 17 16" fill="none" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" clip-rule="evenodd" d="M6.65685 15.0709L0.292892 8.70692C-0.0976315 8.31639 -0.0976315 7.68323 0.292892 7.2927L6.65685 0.928741C7.04738 0.538216 7.68054 0.538216 8.07107 0.928741C8.46159 1.31926 8.46159 1.95243 8.07107 2.34295L3.41421 6.99981L16 6.99981C16.5523 6.99981 17 7.44752 17 7.99981C17 8.55209 16.5523 8.99981 16 8.99981L3.41421 8.99981L8.07107 13.6567C8.46159 14.0472 8.46159 14.6804 8.07107 15.0709C7.68054 15.4614 7.04738 15.4614 6.65685 15.0709Z"></path></svg>Back</a><div class="sc-4fdbe080-0 a-DbXX title "><h1>Crypto Daily: Bitcoin Can Break Out $24,000 and Grow to $26,000</h1></div></div><div class="time_date_block"><ul class="time_date"><li>Dec 25, 2020</li><li>14:12</li><li>2 min reading</li></ul><div class="author_block"><div class="author_image"><span style="box-sizing:border-box;display:inline-block;overflow:hidden;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;position:relative;max-width:100%"><span style="box-sizing:border-box;display:block;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0;max-width:100%"><img style="display:block;max-width:100%;width:initial;height:initial;background:none;opacity:1;border:0;margin:0;padding:0" alt="" aria-hidden="true" src="data:image/svg+xml,%3csvg%20xmlns=%27http://www.w3.org/2000/svg%27%20version=%271.1%27%20width=%2720%27%20height=%2720%27/%3e"/></span><img alt="Choise.com team" srcSet="/_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=32&q=75 1x, /_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=48&q=75 2x" src="/_next/image?url=%2Fpic%2Fauthors%2Fchoise-team.png&w=48&q=75" decoding="async" data-nimg="intrinsic" style="position:absolute;top:0;left:0;bottom:0;right:0;box-sizing:border-box;padding:0;border:none;margin:auto;display:block;width:0;height:0;min-width:100%;max-width:100%;min-height:100%;max-height:100%"/></span></div><div class="author_name"><span class="dynamic_author"></span>Choise.com team</div></div></div><div class="content"><div class="main_image"><img title="Crypto Daily: Bitcoin Can Break Out $24,000 and Grow to $26,000" alt="Crypto Daily: Bitcoin Can Break Out $24,000 and Grow to $26,000" fetchpriority="high" width="742" height="0" decoding="async" data-nimg="1" class="directus_image " style="color:transparent" srcSet="/_next/image?url=https%3A%2F%2Fwebinar.choise.com%2Fwp%2F2020%2F12%2Fdaily_analysis_25_12.jpg&w=750&q=75 1x, /_next/image?url=https%3A%2F%2Fwebinar.choise.com%2Fwp%2F2020%2F12%2Fdaily_analysis_25_12.jpg&w=1920&q=75 2x" src="/_next/image?url=https%3A%2F%2Fwebinar.choise.com%2Fwp%2F2020%2F12%2Fdaily_analysis_25_12.jpg&w=1920&q=75"/></div><div class="content_block"><p><span style="font-weight:400">Over the past day, Bitcoin began to show an upward trend and rose by 2.14%. However, trading volume dropped 25% to $37 billion per day. Volatility has also continued to decline for a whole week, which indicates the wait-and-see attitude of most market participants.</span></p><p><span style="font-weight:400">The Bitcoin chart is showing clear signs of preparation for a strong new movement. But in which direction it will be, we’ll figure it out now.</span></p><p><img loading="lazy" class="alignnone size-full wp-image-9874" src="https://webinar.choise.com/wp/2020/12/cryptodaily-lol.png" alt="" width="1470" height="896"/></p><p><span style="font-weight:400">The chart shows that there was a strong drain on December 21st, which began to form a new pattern. Now you can clearly trace that this is an ascending triangle. Bitcoin came close to the upper border and has already broken through $24,000, but rolled back down. In the last 3 days, a strong uptrend has formed, which may continue today.</span></p><p><span style="font-weight:400">MACD has corrected from the maximum levels and has all the prerequisites for an upward reversal. Moreover, this can be a continuous growth, over several days.</span></p><p><span style="font-weight:400">Stochastic has a strong uptrend and is likely to break through the overbought line and continue to move up.</span></p><p><span style="font-weight:400">If this happens, then we will see not just new growth, but a strong jump, which was in last time when Bitcoin broke through $20,000. Therefore, if we break through and consolidate above $24,000, then with a high degree of probability the price will go to $26,000. This will be the first stop, and then the market could go up to $27,000.</span></p><p><span style="font-weight:400">If Bitcoin does this, it will be a great Christmas present for many Bitcoin holders.</span></p><p> </p></div></div><ul class="sc-a1a626b4-0 kElwJK"><li><a href="/news">News</a></li><li><a href="/news/latest">Latest</a></li><li><span>Crypto Daily: Bitcoin Can Break Out $24,000 and Grow to $26,000</span></li></ul><div class="sc-ebb48054-0 gbxsVZ"><button aria-label="twitter" class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/twitter.svg" alt="Crypto Daily: Bitcoin Can Break Out $24,000 and Grow to $26,000"/></button><button aria-label="telegram" class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/telegram.svg" alt="Crypto Daily: Bitcoin Can Break Out $24,000 and Grow to $26,000 - Telegram"/></button><button aria-label="facebook" class="react-share__ShareButton" style="background-color:transparent;border:none;padding:0;font:inherit;color:inherit;cursor:pointer"><img src="/pic/share/facebook.svg" alt="Crypto Daily: Bitcoin Can Break Out $24,000 and Grow to $26,000 - Facebook"/></button></div></section></div></section></main><footer id="footer" class="sc-337f5f54-0 evDabV"><div class="sc-e7592e74-0 icIbuO center_block " width="1200px"><div class="top_block"><div class="content"><div class="description"><p>The Choise.com website and Choise.com mobile apps are owned by the company UAB Choise Services incorporated Lithuania.</p><p>Crypterium AS is incorporated in Estonia with the company number 14352837, registered office at 5 A. 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all</button></div></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"data":{"id":9873,"status":"published","sort":null,"user_created":"ca36dd59-e84f-4468-80da-d7762c746176","date_created":"2020-12-25T11:54:54.000Z","user_updated":null,"date_updated":null,"title":"Crypto Daily: Bitcoin Can Break Out $24,000 and Grow to $26,000","slug":"crypto-daily-btc","content":"\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eOver the past day, Bitcoin began to show an upward trend and rose by 2.14%. However, trading volume dropped 25% to $37 billion per day. Volatility has also continued to decline for a whole week, which indicates the wait-and-see attitude of most market participants.\u003c/span\u003e\u003c/p\u003e\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eThe Bitcoin chart is showing clear signs of preparation for a strong new movement. But in which direction it will be, we\u0026#8217;ll figure it out now.\u003c/span\u003e\u003c/p\u003e\u003cp\u003e\u003cimg loading=\"lazy\" class=\"alignnone size-full wp-image-9874\" src=\"https://webinar.choise.com/wp/2020/12/cryptodaily-lol.png\" alt=\"\" width=\"1470\" height=\"896\" /\u003e\u003c/p\u003e\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eThe chart shows that there was a strong drain on December 21st, which began to form a new pattern. Now you can clearly trace that this is an ascending triangle. Bitcoin came close to the upper border and has already broken through $24,000, but rolled back down. In the last 3 days, a strong uptrend has formed, which may continue today.\u003c/span\u003e\u003c/p\u003e\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eMACD has corrected from the maximum levels and has all the prerequisites for an upward reversal. Moreover, this can be a continuous growth, over several days.\u003c/span\u003e\u003c/p\u003e\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eStochastic has a strong uptrend and is likely to break through the overbought line and continue to move up.\u003c/span\u003e\u003c/p\u003e\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eIf this happens, then we will see not just new growth, but a strong jump, which was in last time when Bitcoin broke through $20,000. Therefore, if we break through and consolidate above $24,000, then with a high degree of probability the price will go to $26,000. This will be the first stop, and then the market could go up to $27,000.\u003c/span\u003e\u003c/p\u003e\u003cp\u003e\u003cspan style=\"font-weight: 400;\"\u003eIf Bitcoin does this, it will be a great Christmas present for many Bitcoin holders.\u003c/span\u003e\u003c/p\u003e\u003cp\u003e\u0026nbsp;\u003c/p\u003e","short_content":"The Bitcoin chart is showing clear signs of preparation for a strong new movement","seo_title":null,"seo_description":null,"seo_image":null,"seo_keywords":null,"old_image":"https://webinar.choise.com/wp/2020/12/daily_analysis_25_12.jpg","image":null,"category":{"title":"Latest","slug":"latest","id":60}}},"__N_SSP":true},"page":"/news/[category]/[slug]","query":{"category":"latest","slug":"crypto-daily-btc"},"buildId":"SlUJVPRtwI2KV_BeR1oiN","isFallback":false,"gssp":true,"locale":"en","locales":["en"],"defaultLocale":"en","scriptLoader":[]}</script></body></html>