We can see sellers showing up from the Mar 11 highs at 56k. The VWAP is still declining and should flatten out here pretty soon making an upward move easier.
Nice VWAP pinch here that might springboard BTC back to highs. I presume we see a bit of a pull to 54k then an attempt to push and close above that 56k.
I was hoping for a dip to 48k or 46k. Not looking that way after Friday's indice rebound.
If we can't close above 56k over the next few days/hours, then maybe retest of 51k and a wick reaching to 48k.
Would love to buy at 46.8K or 44.8k, but might be awhile to see that sort of selling.
Nice VWAP pinch here that might springboard BTC back to highs. I presume we see a bit of a pull to 54k then an attempt to push and close above that 56k.
I was hoping for a dip to 48k or 46k. Not looking that way after Friday's indice rebound.
If we can't close above 56k over the next few days/hours, then maybe retest of 51k and a wick reaching to 48k.
Would love to buy at 46.8K or 44.8k, but might be awhile to see that sort of selling.