State of Mind - March 20th

New day on the crypto market!

What's the feeling of the day? Hesitation again!

Indeed, after briefly reaching 335 billion dollars of market capitalization, the crypto market is in decline this morning with a market capitalization approaching 322 billion dollars!

This coincides with a Bitcoin rebound on its resistance zone at the $8500-8600 level. A downward divergence in 30 min time horizon could indeed have an impact on prices and bring them back to the $8000 zone.

There is therefore a risk of a downturn in the short term, but this should not have too great an impact on the development of Bitcoin in the medium term.

In the meantime, take a look at the key levels and don't forget your stop-loss if you enter position !

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