Yosu_Fund

BTC/JPY - weekly Analytics + Altcoins 06.07.2020

Long
BITFLYER:BTCJPY   Bitcoin / Japanese Yen
Bitcoin is in the corrective phase to the impulse which was formed from 13.03.2020 to 01.06.2020. Proceeding from the structure of the corrective movement and investors' sentiment, we can make a suggestion about the development of a price narrowing in the shape of a triangle. An impulse after its formation will confirm our expectations.

Altcoins: (considered coins: LTC,ETH,EOS, RP , ETC, NEO,MR, OMG,DASH,CAN,IT)
It is worth following closely the formation of corrections in ETH. We believe that the coin will have a good potential for growth when the correction is finally formed.
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