BTC. Flat. | 14 February 2025
14 February 2025, BTCUSD
As for the instrument under consideration, there were still no changes during the past trading day. The price continues to remain within a certain price range. It is also worth noting the decrease in the amplitude of fluctuations, which may indicate preparation for a sharp surge in one direction or another.
In our case, a downward surge seems most likely. This is due to the ongoing development of the corrective Wave (ii), which appears to be taking the form of a simple zigzag. For this, it needs to stand still for a while, which is happening now, and then make a directed impulsive move down, as schematically indicated on the chart.
Trading in this situation is also not recommended at this time.
Investment idea: Flat.
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.
