01 July 2025, BTCUSD
Bitcoin continues to trade near its all-time highs, clearly showing an intention to make another attempt at breaking above resistance. For now, this scenario seems the most likely. If successful, wave [iii] of the upward impulse will continue developing. In this case, we could witness a significant rise in the value of the leading cryptocurrency. Therefore, it’s important to closely monitor price behavior as it approaches the historical high. At this stage, cautious buying at current market levels can be considered, with a protective stop loss set at the local price low. Investment idea: BUY 108000, SL 106800, TP 120000.