last Monday at 3:19 PM
·
107 views
03/29/2024
·
605 views
In this video, I discuss the imminent Bitcoin halving and how its price might interact with this significant event, comparing the current situation with previous cycles to anticipate potential outcomes. I delve into the Bitcoin daily chart, examining short-term price action, and also explore ADA's performance, both in relation to Bitcoin and on its own, highlighting its current state and potential short-term price movements. I emphasize the unusual market activity where Bitcoin is breaking through significant resistance levels before the halving, a deviation from past cycles. Additionally, I dissect ADA's situation, referring to it as "peak fear season" and analyze its historical performance during similar phases in past cycles, suggesting possible future movements. I aim to provide insights based on data and patterns observed in past cycles, stressing the importance of focusing on data over market noise, and maintaining a watchful eye on key indicators and thresholds that could signal significant price movements for both Bitcoin and ADA as we approach the halving event.
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.
last Monday at 3:19 PM
·
107 views
last Monday at 3:19 PM
·
120 views
last Monday at 3:04 PM
·
127 views