Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.01.2026
06-01-2026 08:38 via litefinance.org

Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.01.2026

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) may target 80,770.57. Consider short positions. XRPUSD: The price is expected to decline in the ending diagonal wave. Consider short positions with Take Profit at 1.764. ETHUSD: Bearish wave Z is expected to start developing. Consider opening short positions, targeting the 2,613.72 low.Elliott Wave Analysis for BitcoinThe H4 chart of Bitcoin
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