BTCUSD: BUY 95000, SL 94200, TP 100000 | 01 May 2025

The previous trading day was quite dull and uneventful for the cryptocurrency market. Bitcoin continued to test the previously established local high, but without any real enthusiasm, and ultimately remained within a forming correction. It's possible that the breakout in the fifth wave of the developing upward impulse has been postponed to today or tomorrow. In that case, existing long positions should still be held open, and additional buying is recommended once the local high is broken. Also, be ready to take profits quickly, as the growth is unlikely to be gradual and may not offer much time to exit. It’s more likely that everything will happen swiftly, followed by a corrective pullback. Investment idea: BUY 95000, SL 94200, TP 100000.