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.