BTCUSD: BUY 87500, SL 85800, TP 97000 | 31 Marzo 2025
31 Marzo 2025, BTCUSD
Bitcoin continues its intricate gameplay. Clearly demonstrating intentions to grow and making initial leaps in that direction, it suddenly halts and plunges sharply downward. The primary goal of such swings appears to be knocking as many traders out of their positions as possible.
Despite this, the situation remains favorable for buying. The initial diagonal triangle formed after the corrective decline signals a potentially strong upward movement. The price rises in spurts, punctuated by strong retractions. It is likely that a more prolonged impulsive movement will occur soon, so previously opened buy trades should be kept active. Furthermore, it is worth exploring the possibility of entering additional buy trades.
Investment idea: BUY 87500, SL 85800, TP 97000.
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.
