Crypto Analyst Predicts $50K Target For Bitcoin and $11 Target For Cardano

• Ben Armstrong has predicted that Bitcoin would rally to $50,000 after bouncing off significant support.
• According to Armstrong, BTC has bounced off the same level for the third time.
• The analyst also predicts an $11 target for the layer-one blockchain crypto, Cardano.

Ben Armstrong, an American crypto influencer, has predicted that Bitcoin would rally to $50,000 after the flagship crypto bounced off significant support. In a recently uploaded video, the renowned crypto analyst revealed that BTC has bounced off the same level for the third time. 

In the video posted on his YouTube channel, Armstrong showed that the $40,000 BTC price region has proven to be a strong support. Although the latest bounce varied slightly from the previous two, Armstrong confirmed it to be of a similar effect. He explained that slight variations in crypto prices result from irregularities across the various crypto exchanges.

Following his observation, Armstrong noted that another bounce in the same region confirms his lasting prediction that Bitcoin would rally to $50,000. The crypto analyst showed on the Bitcoin cha…

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