Bitcoin just reclaimed the 350-day moving average, an essential component of PositiveCrypto's Golden Ratio Multiplier.
) may be consolidating at $47,000, but longer timeframes show just how significant this week's mini bull run has been.
It does so using a log scale, which comprises Bitcoin's 350-day moving average and Fibonacci sequences to give multiples of that trendline. As such, the first three months of this year look like a clear exception to the rule when it comes to GRM.
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