BTC/JPY - weekly Analytics + Altcoins 11.04.2022

Due to the formation of a false breakdown from the level of 5419234 , chances for further quotes decrease are growing. Only a return beyond that level will provide an opportunity for growth for both the entire crypto market and for bitcoin in particular. At the moment, the scenario with the breakdown of the local bottom around 3752582 is quite likely.

Altcoins:
In our opinion, TRX still looks attractive for buying. Yes, there is a possibility of local decrease, but it should not affect the global growing trend.