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Yosu_Fund
Apr 18, 2022 10:38 AM

BTC/JPY - weekly Analytics + Altcoins 18.04.2022 

Bitcoin / YenbitFlyer

Description

The downtrend has not been broken yet in Bitcoin . The key resistance level is 4,918,684, local correction rebounds are possible (this confirms the pessimism of investors). It will be possible to understand whether they develop into a stable rising trend after the drawing of future waves. In general, it is worth keeping your eye on the ball, it is dangerous to short and buy from the current levels, the best position in our opinion is to be outside the market.

Altcoins:
In our opinion, TRX still looks attractive for buying, yes, there is a possibility of local decrease, but it should not affect the global growing trend.
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