BTCUSD: BUY 110250, SL 109000, TP 120000 | 07 July 2025
07 July 2025, BTCUSD
Bitcoin didn’t reach the anticipated depth of correction. The decline was shallow and quickly bought up, with the price confidently heading toward its historical high. This is where intense market resistance is expected. At the moment, further growth and a potential breakout to a new all-time high seem to be the most likely scenario. This outlook is supported by the formation of wave [iii] in the ongoing bullish impulse. If this assumption proves correct, we may see a strong and sustained upward movement. Therefore, long positions offer substantial profit potential under current conditions. Investment idea: BUY 110250, SL 109000, TP 120000.
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.
