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Cardano Ecosystem

bitcoin parabolic launchpad. cardano $1.25 next (brace yourself)

11/18/2024

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1.1K views


Crypto Capital Venture

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.


See original video on YouTube

ORIGINAL SOURCE

https://www.youtube.com/watch?v=79vgqXez...

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