BTCUSD: BUY 102300, SL 101500, TP 106500 | 04 Junio 2025
04 Junio 2025, BTCUSD
Bitcoin remains under pressure but is still attempting to recover from its unfavorable technical outlook. The price has risen slightly, as expected, though this upward move appears to be corrective. The downward movement is increasingly resembling an impulse. If this is indeed an impulse, wave [ii] may continue for some time. As such, any buying at this stage should be viewed as a short-term speculative opportunity with modest targets. Ideally, it's best to wait for a retest of the local low before entering. Previously opened short positions are now recommended to be closed. Investment idea: BUY 102300, SL 101500, TP 106500.
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.
