Its looking pretty dam shaky, I want to know if the current prices will form to be a ceiling or we can recover above them. It is possible its begun a quite aggressive negative trend
https://i.imgur.com/NJgSoS6.pngPrevious on the left it turned into a bit of support but its below that trend at the moment. Aggressive targets to downside are 7500 area or lows of late last year.
Negative phenomena in the economy greatly affect the crypto. If countries do not start massively introducing QE analogues to support an economy suffering from coronavirus, then we will fall much lower than these levels. Maybe to 4000-5000.
