And it's another day on the crypto planet!
What is the sentiment, guys?
Well, we announced earlier this week that a return to support around $7840 was likely and that's what happened yesterday. The BTC is back above $8,000 and if prices continue to rise above $8,400, then we could see a resumption of the bullish trend.
From a market capitalization perspective, it was $334 billion yesterday and after a correction to $323 billion, market capitalization is back at $334 billion.
Almost the entire market is in the green at the time of writing these lines except for some currencies like XVG for example whose announcement of the partnership with Pornhub disappointed the market. Nevertheless, even if we expected a more important partner, it remains a sign of the ever greater adoption of crypto-currencies !
While waiting for a possible confirmation of the bullish trend, take a look at the main levels of support and resistance! Until then, be careful and use stop-loss!