BT: Hashem has immanence but his transcendence is beyond us.
RCVolzhin: Immanence is hidden, transcendence you get through Torah.
To me the 2nd is a bit cold like litvacks. That's why all they care about is Torah and don't seem to think about hashgacha pratis very much. I prefer the BT way. But I can see that we have to put limits on our estimation of our ability to see the immanence and there is transcendence to obtain through Torah. Both are right but I prefer the chassidish way.