The Long Investor

$BTC TOP 20

Added 2025-03-05 11:46:18 +0000 UTC

Trump is hosting a Crypto Summit this Friday in the White House and it will be a Whos Who in attendance from the crypto world.

$BTC moved exactly with the US Market which should be no surprise to anyone in this group as it has been following the market for the last 2 years.

Price has tested its own 200 Day MA twice now over the last week and held twice, there was an overshoot on both holds but the MA did hold

And now there is a higher low too.

Price action is still in the bullish descending wedge, the price can stay in this wedge but a breakout above the 2.618 Fib at $95k and Wave 5 can still complete.

Overall, this Wave 4 does not look out of place, it pulled back to the 0.5 Fib and 200 Day MA, which is not uncommon and did not infringe upon the top of Wave 1.