Targets converge

General mood around crypto is very negative. Overall market cap down to just 293B from its peak around 800B in December. Bearish sentiment is taking over as technicals show signs of big selling. One of the biggest indicators is OBV not reaching a decent level at the second peak on March 5th. The double top doomed BTC and we now see targets for a short term flag and the longer term double top converging at $7250. Head and shoulders pattern from January points to values of $2500. Not looking great for cryptos.