02 May 2025, BTCUSD
Bitcoin continues to test the patience of those actively buying and waiting for growth. Each day the price hints at an upward breakout, but enthusiasm quickly fades, and buyers’ efforts are neutralized as the price dips again. However, significant declines are also prevented, as the price is quickly pushed back to a certain level where it stabilizes for a while. This likely reflects the development of a correction, which appears to be the fourth wave in the ongoing upward impulse. If this assumption is correct, a sharp impulsive rise is expected soon, which would complete the current bullish impulse structure. Investment idea: BUY 94800, SL 94000, TP 100000.