BTCUSD: SELL 105900, SL 106500, TP 102500 | 03 July 2025
03 July 2025, BTCUSD
Bitcoin buyers have finally started to lose ground. As anticipated in the previous wave analysis, the price began to decline. So far, this move is viewed as part of a correction, so we might soon see a minor upward retracement. However, this retracement is expected to be limited, and thus not suitable for long positions. Existing short trades should remain open, as the expected corrective decline is likely to extend further. It’s also worth considering additional short entries during the upcoming bounce. Investment idea: SELL 105900, SL 106500, TP 102500.
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.
