Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 06.06.2024

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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 Bitcoin’s chart. Its subwaves [1]-[2]-[3]-[4] are fully completed. 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 has presumably been completed recently as part of impulse (1), and the price is now growing in subwave 5, probably to 75,048.50. At that level, the… Read full author’s opinion and review in blog of #LiteFinance

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