Yosu_Fund

BTC/JPY - weekly Analytics + Altcoins 30.08.2021

Long
BITFLYER:BTCJPY   Bitcoin / Japanese Yen
Bitcoin continues to consolidate above the key support level of 5.153.866, further growth in quotes above 5.410.000 will increase the chances of quotes' ascent. Investor sentiment is quite high on optimism, this indicates the possible beginning of the correction, but does not mean that the correction will start from the current levels, as the rising trend is not yet broken, further we will monitor the situation in development.

Altcoins:
We single out TRON and HIVE as the most promising coins for the development of a stable growing trend. (the idea is confirmed by local growth impulses)
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