BTC/JPY - weekly Analytics + Altcoins 01.11.2021

Bitcoin is in a correction phase from 20.10.2021, confirmed by a false break from the level of 7156627. We expect the continuation of its formation, the potential lows of the rollback will be tracked in the development. Investor sentiment is at optimistic levels, which also confirms our expectations for the continuation of the decline in quotations.

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