BTCUSD: SELL 106800, SL 107500, TP 100000 | 02 Junio 2025

02 Junio 2025, BTCUSD

Bitcoin made a desperate attempt to break to new highs. Sellers, initially caught off guard, eventually managed to regain control and drove the price back to the starting point of that surge, and then pushed it even lower. Following this, buyers are likely to retreat for a while, allowing the price to fall impulsively toward the 100000 level. This move is expected to complete the ongoing downward correction in the form of a zigzag. However, it may turn out to be part of a larger bearish pattern. That will become clear later, but for now, there is a good opportunity to enter short positions at current market levels. Investment idea: SELL 106800, SL 107500, TP 100000.


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.
Bob Stan
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