Elliott wave Bitcoin analysis 07.06.2023

After the sharp reversal, the BTC is now rising. Thus, the coin has already completed the complex correction B. At the moment it looks like a completed triple zigzag [W]-[X]-[Y]-[X]-[Z]. Shortly expect the construction of the initial part of the bullish impulse wave C. The first target is the previous high at 28448.19, where the linking wave [X] has been completed.

Trading plan for BTCUSD today:

Buy 26935.73,

Take profit: 28448.19.

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