The Long Investor
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$BTC TOP 20
🕑 Added 2025-02-16 19:57:17 +0000 UTCThere is very little to add this week, the price is still above the important Green 2.618 Fib at $95.1k
Still holding between the 0.618 Fib and 0.78 Fib range and holding above the descending wedge breakout level.
The only bearish indicator I see here is that the price is still below the 50 Day MA but we do have a 3 wave pull back here and have made a higher low since Wave C completed
Bulls should stay committed here and as long as support is held, this will likely move higher with the US market, which is positioning itself for a breakout I believe.
The $DXY moving lower could be the catalyst needed here....or a positive comment towards Crypto made by Trump, regarding a sovereign reserve fund made from Crypto.
I am leaning bullish here.
