BTCUSD: SELL 110400, SL 113500, TP 100000. | 26 August 2025
26 August 2025, BTCUSD
Bitcoin attempted to regain the initiative that had begun to slip away. Initially, the move looked promising, with the price rising sharply. However, this was followed by a reversal, and the price broke below the low of wave 4. And this may not be the end of the decline.
The current downward move could be just the beginning of a larger bearish phase — either an impulsive wave or a deeper correction. In any case, opening short positions appears to be the most promising trading decision under the current conditions.
For a safer entry, it is advisable to wait for a confirmed breakdown of the established local minimum.
Investment idea: SELL 110400, SL 113500, TP 100000.
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.
