BTCUSD: BUY 82750, SL 81000, TP 95000 | 07 April 2025
07 April 2025, BTCUSD
Apparently, Bitcoin is still trying to shake off unnecessary passengers from long positions. Another confident rise was instantly followed by a decline, but the local lows were not updated. This could hint that the price is finally ripe for a significant, directed upward movement.
Currently, another rebound attempt is being observed, which this time may lead to a substantial impulsive movement. It is still assumed that this growth will be driven by the formation of Wave [iii] in the upward impulse.
Thus, the recommendation to buy and hold long positions in the medium term remains valid.
Investment idea: BUY 82750, 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.
