BTCUSD: SELL 108400, SL 110600, TP 100000 | 29 May 2025

The struggle for market control continues. Every time sellers appear to gain the upper hand, buyers suddenly become active again, pushing the price back toward the previously set all-time high. Eventually, one side will prevail, and the price will move decisively in that direction. Currently, the outlook still favors the bears. The ongoing movement is presumed to be part of a correction, possibly forming wave two of a developing downward impulse or wave c of a zigzag. If this assumption holds, a significant decline can be expected soon, offering a potentially profitable selling opportunity. Investment idea: SELL 108400, SL 110600, TP 100000.