State of Mind - March 30th

New day on the crypto planet!

then the least we can say is that the last few hours have been tough for the crypto-enthusiast that we all are! Indeed, the total market capitalization went from 270 billion dollars around midnight (utc+2) to a low of 251 billion at 6:30 am and now stands at 267 billion dollars.

From a technical point of view, the BTC broke its support at $7,400 and is now between this level and the support at $6,000 to $7,200. As the indicators are still negative at the moment, we must remain cautious.

At the risk of being redundant, be careful, it is possible that a low point has been reached but it will be necessary to wait for a confirmation in daily time horizon.

So don't forget your stop-loss as usual! Also take a look at the main key levels!