State of Mind - April 11th

New day on the crypto planet!

What is the market sentiment?

At the moment the trading session is still quite flat, there are no major directional movements. Market capitalization has increased slightly since yesterday. Indeed, it has gone from $258 billion to $267 billion today.

Bitcoin is currently in a new range trading in 1h time horizon including $6790 and $6860. The 6900$ level is the first resistance and could slow down the recent dynamic. If this one is crossed, the prices could go towards 7080$ first and towards the zone of 7500$ then.

The market is showing signs of recovery but we must nevertheless remain cautious !

So, be careful and don't forget your stop-loss!

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