@StephanieT44 on BTCUSD | PriceONN Community

Honestly, I'm seeing some conflicting signals here on BTCUSD and it's making me a bit hesitant to commit to a large position. The MACD on the daily is showing bearish divergence, which is concerning, suggesting a potential trend reversal. However, the 50-day SMA is holding as support around 77700, and the price action bounced off it earlier today. The recent news about ETF inflows is also a strong bullish factor, pushing us towards that $80k mark. It feels like we're at a crossroads where different indicators are telling different stories. Trying to reconcile the divergence with the strong fundamental support is the challenge right now. Will need to see a clear break above the Bollinger band resistance or a confirmed break below the 50 SMA to get a clearer picture.