BTCUSD: BUY 85000, SL 83000, TP 95000 | 16 April 2025

16 April 2025, BTCUSD

BTCUSD: BUY 85000, SL 83000, TP 95000

The price did not skyrocket from the very first day of the new trading week, even though the situation favored such a move. Instead, time was spent consolidating at the levels already reached and testing how aggressively sellers were prepared to act this time. Apparently, sellers only managed to halt further growth, with no significant pressure applied, indicating a decline in selling interest. Thus, in the near future, the price is highly likely to continue rising, leading to the formation of an upward impulse structure. The minimum target of 95000 remains relevant. Moreover, buyers may well push the price all the way up to the previously established all-time high. Investment idea: BUY 85000, SL 83000, 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.
Bob Stan
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