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Yosu_Fund
Sep 28, 2020 12:04 PM

BTC/JPY - weekly Analytics + Altcoins 28.09.2020 

Bitcoin / YenbitFlyer

Description

Bitcoin is still in consolidation to the impulse which was formed 13.03.2020 - 17.08.2020. The local decrease and rollback of quotationd confirm these suggestions. Investors' sentiment is at neutral levels, that also points to the formation stage of Russian economy.
The waiting position is optimal for this stage of market movements formation.

Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN, IOT)
It will be possible to set more specific goal for potential movements in altcoins after the formation approximately 60-70% of the corrective movement in BTC
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