BTCUSD: BUY 88400, SL 84500, TP 110000 | 10 March 2025
10 March 2025, BTCUSD
The price continues to fluctuate from side to side, gradually reducing the amplitude of its movement. On the chart, this is reflected in the form of a converging triangle, whose exit will be quite interesting in terms of strength and directed action.
The most likely outcome is an upward breakout. Buyers will try to reach the previously established all-time high, where fierce resistance will begin. This growth is expected within the framework of the emerging upward impulse as Wave (iii). The driver for growth could be today's summit, where favorable plans for cryptocurrency growth might be announced.
Investment idea: BUY 88400, SL 84500, TP 110000.
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.
