Looks like the 3rd wave DID in fact consist of a 3, 4, 5 on the Elliot wave. I am still holding onto this 200 day MA as support theory, while respecting the fib retracement levels at 46901 and 46232.
This would be the 3rd time we test / breach the 200 day MA in the last month. If we hold these levels again and start our reversal, I expect the whale bears will be...
Does history repeat itself, or is BTC just getting tired and the bears are going to have their way with it. You be the judge. Feeling bullish on the current environment and the technicals are screaming good things! The time is now.
#ChartPorn #PerspectiveMatters #SeekingConfluence
