BTC/JPY - weekly Analytics + Altcoins 10.05.2021

Bitcoin is consolidating after the impulse movement that started at the beginning of May, which locally can lead to the growth of quotations around 6.600.000 - 6.800.000. Thereafter, it is necessary to monitor the situation in development as a scenario with the false breakdown formation and downward movement development is likely. Parabolic growth has lasted more than a year and the option of the deep price decrease should not be excluded.

Alcoins:
Of altcoins, we single out TRON (TRX) as the most promising coin for the development of growing movement.