BTC/JPY - weekly Analytics + Altcoins 08.01.2019

BITFLYER:BTCJPY   Bitcoin / Japanese Yen
As we expected last week was crucial for the Bitcoin movement, the impulse movement is developing at the moment which confirms
a reversal formation in the form of a false breakdown and gives us reason to count on continuing growth. Further correction movement
will depend on the shape of the current impulse at its completion, we will see it when the last wave is formed.


At last review we described ETH as the most promising coin for long positions, so the impulse movement confirmed our expectations.
Also at this stage there are points for long positions in LTC and EOS coins.


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