For the past few weeks, Bitcoin has been the talk of the town, first thanks to Elon Musk, then because of its price. Though the market showed نشانه ها of ‘extreme fear’, most retail traders were viewing this as an opportunity to ‘buy the dip’. Bitcoin’s price, at the time of writing, jumped around 6% (over 24 hours) to تجارت just under the $37k mark.
اگر چه BTC dominance dipped to a 41%, this was another indicator that altcoins could surge in the current market. Dutch crypto trader and analyst میشل ون د پوپه tweeted recently that the rate at which bitcoin was consolidating was ‘fine’. He further suggested that altcoins like Ethereum and Cardano would start surging once Bitcoin marks the bottom.
هنوز، #altcoins در برابر $ BTC are doing fine. Just consolidating.$ ETH و جزایر $ are knocking the doors of the yearly highs and are eager to break through.
I think they will once # بیت کوین is bottomed.
- میکائیل ون د پوپ (CryptoMichNL) ژوئن 8، 2021
The analyst further stated that ‘the آلتوین market capitalization is still holding above the 21-Week MA.’
He further elaborated on the ‘hot trending coins’, Ethereum and Cardano. With regard to Cardano’s price trajectory, the analyst had projected a bullish run in his تجزیه و تحلیل گذشته as well, and this time was no different. The same was the موضوع بحث in a recent Youtube video.
With reference to the graph below, the analyst said: ADA/BTC pair was ‘تلاش to target a new yearly high somewhere in the 0.000062 area, with potential gains of 34.7% from its current price of 0.000046. This could result in Cardano going above $3.’
او بیان کرد:
"کاردانو doesn’t care and is ready for new yearly highs on the Bitcoin جفت کنید. "
ADA / BTC:
علاوه بر این، ADA /USDT pair painted a similar picture. He stated:
“Cardano also showing continuation here, that’s great. However, it must hold current support at around $1.50.”
ADA/USDT:
Having said that, the renowned crypto analyst was quick to acknowledge another important aspect as well. He tweeted:
نظرات؛ #Cardano went down more than $ BTC این هفته است.
Yes, I’m going to add a partnership with an optician in the coming months.
این هست جزایر $ در برابر $ BTC, not against $ USD.
If جزایر $ remains flat against $ BTC و $ BTC / $ USD drops 10%, then جزایر $ / $ USD همچنین 10٪ پایین است.
- میکائیل ون د پوپ (CryptoMichNL) ژوئن 8، 2021
At the press time, the 5th largest coin was trading at the $1.57 price level with a surge of around 0.35% in the past 24 hours.
Source: https://ambcrypto.com/heres-what-cardano-doesnt-care-about-and-is-eager-to/
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