Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 06.03.2024

Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinThe market continues forming the initial part of a bullish impulse. Its first two subwaves [1]-[2] are complete, and the third subwave started unfolding. Subwave (1) may have formed inside subwave [3] as a regular impulse. If impulse (1) is fully formed, a bearish correction (2) can be expected to start developing soon and end at around 57,265.00.