OrriginalCrypto on Nostr: #Bitcoin Daily You can see the resistance BTC is facing with the VRVP on the right of ...

#Bitcoin Daily
You can see the resistance BTC is facing with the VRVP on the right of the chart and you can see how it is pushing PA down.
Ther Big question is will we loose 56K USDT - And I thinnk there is a chance. Both MACD and RSI can drop further, though the Bulls can step in any time.
The Fear and Greed index is now at 27, Bearish but not extreme Fear and as a result, traders are taking less risks. This leads me to think that this is a great buying opportunity. We have been hovering around this level for over a month now... so..... Nothing New.
Change is coming. We just not 100% sure in which direction.
For me, we could Dip lower to ahske out Levereged positions and then rise from there.
I could obviously be wrong.
Time will tell