Analysing the BTC all-time history on a logarithmic chart with a 200-week Simple Moving Average (SMA), each candlestick representing a week, reveals a substantial uptrend. This logarithmic scale aids in assessing long-term trends. The extended price trend and the smoothing effect of the moving average mitigate short-term fluctuations. It's evident that acquiring...
Depending on scale, but looking for wave four to complete, with an A,B,C,D,E correction, then long for wave 5.
Trying to confirm wave four is in with A,B,C corrections. Looking for break out to long, time to push for an ATH
Check my count, let me know what you think. I am all in on ETH at the moment, anyone else using Elliot Wave Theory?