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Bitcoin (BTC/USD) Price Outlook: Bitcoin bulls regained control over the quiet holiday period, briefly pushing the cryptocurrency above $28,000 for the first time in history With prior highs surpassed, subsequent resistance becomes more difficult to identify Still, gains established in unusual trading conditions could be vulnerable when the market reawakens Bitcoin vs Gold: Top Differences Traders Should Know. Bitcoin Price Forecast: BTC/USD Soars to New Heights. Bitcoin enjoyed another holiday rally, this time surging well beyond prior records to trade above $28,000 for the first time in history. Registering an intraday high near $28,330 on December 27, the largest cryptocurrency by market cap has extended its rally in the year-to-date to roughly 280%. While substantial, recent gains were established under unique holiday trading conditions that may leave them vulnerable in the days ahead. 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