Bitcoin

Bitcoin touching NPOC in bullish move

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BTC just touched two NPOC levels in one powerful wick upwards.

High volume candle suggests a lot of bullish strength.

Next higher NPOC level around 43k.

Considering bullish strength, a move into 42k-43k territory touching upper NPOC level is not unreasonable. After which it may rejecting back down into the 30's to seek lower NPOC levels.

However, 40k remains a strong psychological barrier. If failing to break through and if rejection is confirmed, I will look at lower NPOC levels as next price targets.

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