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Yosu_Fund
Jun 14, 2021 8:20 AM

BTC/JPY - weekly Analytics + Altcoins 14.06.2021 Long

Bitcoin / YenbitFlyer

Description

A false breakout was drawn from the level of 3695000 and impulse movement was formed, which indicates the continuation of the long trend. Investors' sentiment about market prospects remains negative, which is an additional signal of future growth of quotations. Overall, the situation looks positive for bitcoin , we expect systematic renewal of local peaks with the targets of overcoming the historical maximum price.

Altcoins:
We highlight TRON, HIVE and Kusama as the most promising coins to develop a steady growing trend.
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