06-02-2026 07:20 via litefinance.org

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.02.2026

Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott Wave analysis.Major Takeaways BTCUSD: Wave (Z) continues to develop. The price may decline to 60,736.28. Consider short positions. XRPUSD: The price continues to decline in the ending diagonal wave. Consider short positions with Take Profit at 1.063. ETHUSD: Bearish wave Z continues to develop. Consider opening short positions targeting 1,694.49.Elliott Wave Analysis for BitcoinBitco
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