BITCOIN Price Just Made History! CARDANO At Brink Of BULL RUN!
02/19/2024
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306 views
In this video, I discuss the current state of Bitcoin and ADA (Cardano) in the cryptocurrency market, focusing on their positions within the bull market cycle. I highlight a significant moment for Bitcoin, noting a weekly close that marks a historic event in the crypto space, emphasizing its implications for the future of Bitcoin and ADA. I delve into the technical analysis of both currencies, examining Bitcoin's recent move and its potential impact on ADA's position as it tests its own bull market thresholds. I also introduce the use of a volume profile indicator to analyze ADA's market activity and discuss the potential for a breakout based on historical patterns and technical indicators. Additionally, I mention the sponsorship by Coin Ledger, a tool for simplifying crypto tax reporting, and how it integrates with the analysis. Throughout the video, I aim to provide insights into the short-term and long-term movements of Bitcoin and ADA, offering predictions based on technical analysis while acknowledging the speculative nature of the crypto market.
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