BTCUSD: BUY 108500, SL 107300, TP 114000. | 08 September 2025
08 September 2025, BTCUSD
Bitcoin continues trading with reduced volatility, a clear indication that the price is in a correction phase. Currently, wave ii in the emerging downward impulse is likely forming.
This wave appears to be taking the form of a simple zigzag pattern. Its completion requires the formation of two waves: one downward and one upward. Therefore, while it is still too early to sell, quick long positions could be considered.
Investment idea: BUY 108500, SL 107300, TP 114000
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.
