State of Mind - April 17th

New day on the crypto market!

What's the feeling? Well we announced yesterday in the market update that the Bitcoin could rebound on its psychological threshold of $ 8000, it would seem that this is now done. Indeed the BTC is currently trading at $8150.

Total market capitalization rose from $324 billion yesterday to $331 billion today, a sign that the market is recovering after its correction yesterday.

What can we expect from the market now? As announced yesterday the market is correlated which allows to consider a continuation of the recent bullish movement.

Today pay attention to XVG! Indeed this currency seems to be the object of speculation on the rise. It is not impossible that the rise will continue after the news but it is very likely that XVG will be volatile this afternoon, on one side or the other.

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

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