BTCUSD: SELL 107200, SL 108900, TP 100000 | 30 May 2025

30 May 2025, BTCUSD

BTCUSD: SELL 107200, SL 108900, TP 100000

It seems that Bitcoin will not be able to update its price high in the near future. All attempts have failed, and the price is currently under strong pressure again. There is a high likelihood of wave C beginning to develop within the assumed zigzag, which itself is considered wave [ii] of a forming upward impulse. There is a sense that this correction may turn out to be more complex than currently expected, but that will need to be monitored as the situation unfolds. For now, conditions remain favorable for selling. This opportunity should definitely be considered by opening short positions at current market prices. The target in the 100000 area remains the most likely level for taking profit. Investment idea: SELL 107200, SL 108900, TP 100000.


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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