BTC/JPY - weekly Analytics + Altcoins 08.06.2020
The price of Bitcoin is still in consolidation, in the near future there may be an impulse exit, which will signify the continuation of a growing trend.
This trend originated on 13.03.2020. Investors' sentiment is still at its neutral levels, that indicates continued growth and only a local emerging stop.
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH, SAN , IOT )
It is possible to mark ETH as the most promising coin. In our opinion, this instrument forms a stable growing trend with attractive prices for long positions.
This trend originated on 13.03.2020. Investors' sentiment is still at its neutral levels, that indicates continued growth and only a local emerging stop.
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH, SAN , IOT )
It is possible to mark ETH as the most promising coin. In our opinion, this instrument forms a stable growing trend with attractive prices for long positions.