BTC/JPY – weekly Analytics + Altcoins 23.05.2022

Bitcoin / Yen BITFLYER:BTCJPY

Yosu_Fund

Bitcoin remains in consolidation, which indicates the purchases of large players in this range at an average price of 3,850,000. This is a positive sign for the formation of a stable uptrend in the future, a breakdown of the key mark of 4,000,000 will strengthen the growth of quotations.

Altcoins:
TRX in our view still looks attractive for buying, yes there is a possibility of local decline, but it should not affect the global rising trend.

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