BTC. Flat. | 13 February 2025
13 February 2025, BTCUSD
No significant changes occurred during the past trading day for the asset under consideration. The price, apparently, continues to develop a correction, which is Wave (ii) in the extending Wave iii of the upward impulse.
If detailed, attempts to grow were made throughout the past day. Ultimately, the day ended positively for buyers. However, the current situation suggests that Bitcoin won't be able to grow significantly, although the next couple of candles on the daily timeframe may turn green.
Further downward movement is still expected to complete the development of the zigzag, as schematically shown in the chart provided.
For this reason, considering this asset for trading is not recommended at this time.
Investment idea: Flat.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
