Bitcoin Price Forecast: Will NUPL Fuel a Push Past $90K or Lead to a Drop to $80K?

Recent market analysis suggests Bitcoin’s price may continue to rise, driven in part by the momentum of the NUPL indicator. The current NUPL level is projected to reach beyond its previous peak and potentially influence Bitcoin’s price above $90,000. However, support levels around the $30,000 – $40,000 mark are expected to provide resistance as Bitcoin navigates towards higher price points.