BTC/USD - weekly Analytics + Altcoins 05.07.2021

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin continues to stay in consolidation between the levels of 33.300 and 40 .000, a breakout of the upper boundary will significantly increase the chances of long-term growth of the instrument. Whereas, an impulse decrease under the level of 33.300 will increase the chances of a decline to the area of 20,000. Investor sentiment remains pessimistic, the next strong moves and exit from consolidation will determine future developments.

We highlight TRON and HIVE as the most promising coins to develop a sustainable rising trend.