Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 04.06.2024

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Dear readers,

I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.

Elliott Wave analysis for Bitcoin

The impulse made of subwaves [1]-[2]-[3]-[4]-[5] continues forming in BTCUSD’s chart. The subwaves [1]-[2]-[3]-[4] have formed for now. The initial part of the final impulse wave [5] is currently unfolding, with the first small subwaves (1)-(2) already formed. The first subwave (1) may be unfolding as part of wave [5]. Correction 4 is presumably completed as part of impulse (1), and the price is now growing in subwave 5, probably to 75,048.50. At that level, the size… Read full author’s opinion and review in blog of #LiteFinance

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