BTCUSD: BUY 76850, SL 75000, TP 95000 | 10 April 2025

Bitcoin has been struggling to gain upward momentum lately. Every attempt to rise is met with aggressive selling, which quickly nullifies buyers’ efforts. This time was no different: after updating the local low, the price began to rise confidently. However, sellers soon noticed and began pushing back strongly, returning the price to the starting point of this short-lived growth. This may be due to the formation of the missing fifth impulse wave in wave [c] of y of (ii). If this is indeed the case, the price may update its low once again — though not significantly — after which it could attempt to rise again. Investment idea: BUY 76850, SL 75000, TP 95000.