BTCUSD: SELL 102300, SL 104500, TP 97000 | 20 May 2025

From the levels discussed in previous reviews, the expected corrective decline did not immediately materialize as Bitcoin continued pushing higher. However, once the local high was slightly updated, strong selling emerged, and buyers failed to sustain the upward movement. It now seems that the correction started earlier, and this failed bullish attempt is part of a zigzag structure — specifically wave b. The current downward move appears to be wave c of [ii], which still holds solid potential for further decline. As a result, short trades look like a promising setup for the next few days. Investment idea: SELL 102300, SL 104500, TP 97000.