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BTC/JPY - weekly Analytics + Altcoins 06.07.2020

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BITFLYER:BTCJPY   比特幣 / 日圓
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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