BTCUSD: BUY 110400, SL 108300, TP 120000 | 10 July 2025
10 July 2025, BTCUSD
No significant changes have occurred recently. The price continues to hover near its previously established all-time high. Each attempt to break higher is met with strong resistance from sellers, though they are currently only containing the upward movement rather than reversing it. Eventually, one of the two opposing sides will lose patience, and the price will break decisively in one direction. At the moment, the setup is still considered more favorable for buyers, supported by the development of wave [iii] in the bullish impulse. It is recommended to enter long positions once the price breaks above the local high at 110400. Investment idea: BUY 110400, SL 108300, TP 120000.
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.
