State of Mind - March 21st

After the $7300 on 18th March, Bitcoin is now (on 21st March) close to $9000. That's an increase of 23% in 3 days. Once again, the crypto-currency market confirms its ultra-volatile market status!

It is interesting to note that the Bitcoin rebounded on its oblique support (which starts in September) and the last negative news did not succeed in really driving its support.

So, it seems that Twitter also wants to limit crypto-currency ads. This announcement did not generate a new fall on the crypto market however.

Moreover, the G20 did not make any major revelations that could have impacted the future of Bitcoin, which is well perceived by the markets: no news, good news for the BTC!

The next big step is the break of the $9400, one can anyway hope that the oblique support (in green) continues to play its role and is a long-term indicator of the bullish character of the BTC.

This slight increase in the price of BTC also allows to have some opportunities on the other cryptos, which is always good to take !

Stay focused and alert !

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