BTC/USD: BUY 82600, SL 81000, TP 95000 | 02 April 2025
02 April 2025, BTCUSD
Sellers continue to desperately reject any prospect of Bitcoin price growth. Each attempt to rise inevitably triggers a painful reaction and a countermovement. The past trading day amply demonstrated this. Starting with a confident rise, the price soon encountered strong selling pressure, forcing it back to its starting point.
Fortunately, the price wasn't pushed below this level, which is not yet critical. The situation remains favorable for the start of an upward impulsive movement. Previously, an initial diagonal triangle was likely formed, corrected by a flat. Now, we await the development of the third impulsive wave and cautiously begin to accumulate.
Investment idea: BUY 82600, SL 81000, TP 95000.
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.
