The cryptocurrency markets are set to end the second week of May on a low note.
The total market capitalization for all cryptocurrencies fell below $400 billion for the first time since April 26 on Friday, and has dropped 15.97 percent week-on-week. As of writing, the combined market value stands at $385 billion and could see a further decline as indicated by a head-and-shoulders breakdown pattern on the price charts.
Read More Here: https://altcointoday.com/most-big-cryptos-dropped-this-week-these-two-bucked-the-trend/
Hi, great post, have followed you. What do you think of the current state of the Bitcoin market?
The market will remain turbulent as we both can expect. Looking at it technically, Bitcoin failed to break the $10k barrier but fell through the $9k barrier. This is of psychological significance as this may mean a further fall to come. Nevertheless, bitcoin being bitcoin anything can happen. All it takes is one announcement of a partnership or some other thing and everything changes. I would suggest cautious optimism and trade to make money whenever you can.