Major cryptocurrencies started the week in a consolidation, while Bitcoin traders appear to be shifting their sentiment to bullish. The US dollar started off the week mixed as it edged lower versus the Japanese Yen (JPY) and higher versus the Swiss Franc (CHF) at Asian market open. While BTC/JPY was able to test above the key pivot level of 470,000 last Friday, it yet has to confirm above the upper band of the daily Ichimoku cloud for us to have the third bullish confirmation. The Kijun line has already crossed above the Tenkan line. The pair appears to have bottomed out after the major volatilities in the middle of ... (full story)