BTCUSD: BUY 108000, SL 106500, TP 110500. | 02 September 2025
02 September 2025, BTCUSD
Bitcoin has been under significant pressure recently. Every attempt to resume an upward movement faces aggressive selling pressure. Ultimately, the price continues to drift lower.
It appears that a leading diagonal triangle is forming, which may complete with one more small downward wave, as schematically indicated on the provided chart.
A corrective upward move is then expected to form wave [ii]. Since the downside potential has been largely exhausted, it is advisable to wait for the start of the corrective movement and consider taking advantage of this upward move.
Investment idea: BUY 108000, SL 106500, TP 110500.
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.
