Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 21.06.2024
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 first subwave (1) has formed within a large impulse wave in Bitcoin's price chart. Subwave (1) is an impulse 1-2-3-4-5. Correction (2) is currently unfolding, presumably as a zigzag A-B-C. The impulse subwave A is completed, and the price is growing in correction B, which may equal 50% of wave A. Thus, the price may rise to the level of 67903.
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