Hey all!
Maybe you got up this morning and realized the decline in prices all over the crypto business. The past two weeks we already witnessed that the prices went down.
According to the graphic beneath, we saw the markets reach 480 billion USD at the beginning of march. That might be considered as a resistance level.
Source: https://coinmarketcap.com/charts/
However after the capitalization reached that level, we did see the market slip three times downwards. Between each of these movements there was a brief pause including a small recovery. The evolvement of the traded volumes looks identicly to the one in march, too.
What is different? This time the movements are not as sharp, the losses in numbers are not as high but still identical.
Summarized: There is a good possibility for a third downward trend. From the observation of the past events it likely might happen in the next 4 to 5 days.
Legal disclaimer: I am not a financial advisor, not a lawyer not a guru. You are responsible for your own actions!
Yours JP
