Traditional markets are recovering after the last week's major fall, and bitcoin seems the strengthen as well. Will the bullish trend resume?
Support/Resistance: $ 8'700/$9'300
Since the dive during the last week of February, traditional markets are quickly climbing back, but Bitcoin only shows a slow recovery, suggesting that crypto markets are still not the primary target for big investors. For now technical indicators show a mixed/neutral picture, the next few days will tell if the bullish sentiment resumes, or we still need to be wary about further downward corrections.
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