Dear readers,
I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.
Highlights and key points
BTCUSD: expect a decline in impulse [3] to 52,089.00. Consider opening a short position.
XRPUSD: a descending impulse [3] continues heading for the low of 0.487. Consider opening a short position.
ETHUSD: a descending wave 3 is unfolding and will probably end at around 2,141.00. Short positions could be considered.
Elliott Wave Analysis for Bitcoin
The BTCUSD crypto pair appears to be forming a descending wave С as an impulse [1]-[2]-[3]-[4]-[5]. This impulse began developing after a bullish corrective wave B formed as… Read full author’s opinion and review in blog of #LiteFinance
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