Looking at the visible range for the last 9 months we can see that the POC is almost exactly on the current price line. However, bringing the last year in to view (which I haven’t done here) shows the POC dropping right down to 5k and below...
Either way, this is a really interesting level to see what happens. I’m bullish long term on BTC, but for now, I’m just enjoying the show :)
Either way, this is a really interesting level to see what happens. I’m bullish long term on BTC, but for now, I’m just enjoying the show :)