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BTC: Original Buyer Walks Price on Daily VWAP | Flash News Detail | Blockchain.News
Latest Update
5/29/2026 3:06:00 PM

BTC: Original Buyer Walks Price on Daily VWAP

BTC: Original Buyer Walks Price on Daily VWAP

BTC at $74019.39 with original buyer active on daily VWAP and perp ask liquidity, needing spot bids for upside.

Source

Analysis

BTC sees the same original buyer walking price up, a critical factor with daily vwap and ask liquidity quoted on perps that demands real spot bids to push higher.

Price action at $74019.39 sits inside Bollinger Bands with upper resistance at $76831.62 while EMA50 resistance at $75581.33 caps the move in this bearish trend structure, and the MACD golden cross at -761.69 alongside neutral RSI 41.7 points to exhaustion before any sustained continuation.


Skew Δ

@52kskew

Full time trader & analyst