Short-term forecast for BTCUSD, XRPUSD and ETHUSD 27.07.2023

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I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.

Elliott Wave Bitcoin analysis

The BTCUSD market is forming a new bearish trend as a standard zigzag A-B-C. Impulse A and correction B must have completed. There is forming a descending impulse wave C, with the first wave [1] completed inside. The market is being corrected in sub-wave [2], which should drive the price up to a level of 29765.23, where wave [2] will retrace impulse [1] by 61.8%.

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