11 April 2025, BTCUSD
Bitcoin once again performed a deceptive move—its behavior clearly suggested further decline, but as soon as it updated the local low, it immediately started to rise sharply. As a result, the impulse in wave [c] appears to have completed, and the subsequent rapid growth may represent a new bullish phase of the market—or at least a strong corrective rally—with impulse structures forming within it. Given this, a move toward the previously targeted area around 95,000 can be considered. The near future will likely be spent confirming buyers' intentions to push the price toward this level. After such a sharp rise, a correction will begin, which buyers will need to withstand. That’s when it will make sense to start buying. Investment idea: BUY 81100, SL 80000, TP 95000.