There’s not much to say about this week: we’ve been continuing the trend that we already started last week. So far Bitcoin has reached $45k, the target that I set in the my last Weekly Review. Next week could be slightly different as BTC gets closer and closer to high timeframe resistances.

My outlook is that we might touch the $46.4k resistance (nPoC) and reject it. After that, consolidate price above $43k, if possible. If not, the next support is just above $41k. Take into account that these events could happen in any order (eg. Bitcoin retraces to $43k and then touches the nPoC).

However, the most important thing is that next week is going to have some wider price action, which is always nice to see. Just a bit further, if we end up breaking the nPoC (which is rather unlikely), I want to see a test of $49k (the next nPoC).