State of Mind – March 16th

What’s new on the crypto-market ?

After the sharp fall that began on March 05th, Bitcoin has been consolidating since 15th March 15th.

Nevertheless, this pause which does not confirm the end of the bearish trend. It will be necessary to break durably the resistance of the 8450 to see a first signal of a future rise of the Bitcoin, and this will have to be confirmed by technical indicators.

Google's banning of crypto-market ads seems to have caused prices to fall. In addition, information that Reddit has started banning cryptos since 2016 will add water to the mill.

We seem to be moving towards a general ban on crypto-currencies advertising on the Internet.

However, attention to the real fundamental impact of these news, advertising is not, in our view, what motivated investors in the first place to buy crypto-currencies.

For his part, Kobayashi continues to sell his cryptos at the lowest...

( Read our new article Take advantage of opportunities on the BTC for more informations about the graph and the news.)

Our intraday trading (short-term signals) continues to pay off, for long term signals, stay patient and wait for the dip, we're almost there!

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