State of Mind - April 24th



New day on the crypto market!


What's the feeling?


It is the beginning of a session in the green that we are witnessing today with a Bitcoin at around 9300$. From a market capitalization perspective, market capitalization continues its upward trend and currently stands at $422 billion.


What can we expect? What is the technical situation of the BTC?


So for now prices have clearly broken the double resistance Fibonacci/trendline bearish and the next resistance zone is around $9800. The MACD in daily horizon is clearly bullish and exceeded its signal line.



Even if a correction is never impossible and will be necessary to let the courses breathe, we are perhaps at the dawn of a major bullish movement !


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


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