BTCUSD: BUY 104300, SL 103100, TP 107000 | 13 May 2025
13 May 2025, BTCUSD
Bitcoin continues to maintain a bullish sentiment. Overall, the situation suggests that the final part of the current upward impulse might be unfolding. In the near future, the price may rise again, updating the local high, and thus completing the current bullish cycle. This would constitute wave [i] of a developing larger upward impulse. If this scenario is correct, a corrective decline driven by wave [ii] will soon begin, likely forming a simple zigzag pattern. Under these conditions, short-term buying opportunities at current market levels are worth considering. Investment idea: BUY 104300, SL 103100, TP 107000.
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.
