BTCUSD: BUY 85800, SL 84000, TP 93000 | 21 March 2025
21 March 2025, BTCUSD
The past day witnessed renewed interest from buyers in the cryptocurrency. The price, which had lingered within a defined price range while forming an intricate correction, abruptly surged upwards. Though it succeeded in updating the local high, it struggled to climb higher.
This could merely be the beginning of the development of another upward impulsive wave. Current conditions point to this scenario. The formation of Wave (iii) in the upward impulse is anticipated, which could propel the price toward previously established all-time highs.
Thus, entering buy trades in the existing situation remains a promising trading decision.
Investment idea: BUY 85800, SL 84000, TP 93000.
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.
