What a week for all cryptos.
We have had a very rare first quarter. All major coins were hit significantly.
It looks like the technical indicators start to come in play once again. We had very oversold conditions all over the board and slowly qualty drives above.
With recent retracement we could see new bottoms establishing. It is still to early to premature to be sure, but the bounce had momentum what is most importent. (the chart confirmed it) We will see in the next week how it develops.
If we break above USD 12.000 it would trigger a possible short squeeze and probably mean and end of a powerfull but healthy correction.
Weekly chart
Real time market cap overall
Bitcoin is trying to create a higher bottom
If you want to see realtime transactions brought in the blockchain I would recommend Bitcointicker.
https://bitcointicker.co/transactions/
What do you think about the current market conditions?
Feel free to ask more chart timeframes. and until the next update.
Happy weekend!
makeithappen