yesterday at 10:16 PM
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41 views
last Monday at 11:25 AM
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123 views
In this video, I discuss the current state of the cryptocurrency market, with a focus on Bitcoin and Cardano (ADA). I highlight the importance of being prepared for significant market volatility, including the historical dips of 20-30% that have occurred during previous bull runs. I analyze Bitcoin's price action, emphasizing the significance of the 20-day and 50-day moving averages, as well as potential bearish divergence on the RSI. Regarding Cardano, I identify a potential 70% move to a target of $1.25, drawing comparisons to its performance in the previous cycle. Additionally, I examine the US Dollar Currency Index and its potential impact on Bitcoin's outlook. Throughout the video, I emphasize the need for investors to have a take-profit plan and to study the timeline of market cycles to navigate the upcoming volatility.
Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.
yesterday at 10:16 PM
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41 views
yesterday at 10:21 AM
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45 views
yesterday at 10:21 AM
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56 views