BTC Daily Outlook

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BTC Daily OutlookBitcoin / U.S. dollarBITSTAMP:BTCUSDvagada In my opinion, Bitcoin looks like it might need a short pause here. πŸ“‰ It's sitting just below a key Fib level and may require some time to consolidate before making another attempt. πŸ“Œ Price is printing a possible second close below the BB center. πŸ“‰ SMA is below the BB center β€” not ideal. πŸ“Š Volume saw a strong red spike on July 15 πŸ“‰ OBV formed a lower high while price remains elevated (granted, it’s the weekend and volume tends to dip). πŸ“‰ RSI is below 70 and under its moving average. Too early for a strong conclusion β€” but this is a caution signal. Let’s stay alert and watch it unfold together. Always take profits and manage risk. Interaction is welcome.