‘Long Forgotten Now’: Gambardello Uses Past Lows for BTC, ADA Context
- BTC & ADA prices dip, sparking debate on market direction (consolidation vs weak)
- Analyst Gambardello cites history (COVID crash lows) urging long-term perspective
- Context: Bullish narratives contrast with current tech hurdles & modest ADA forecast
Recent pullbacks in Bitcoin and Cardano have kicked off fresh debate: is the crypto market weakening, or just consolidating before its next major move? Bitcoin slipped below $80,000 again, while Cardano traded under $0.60, levels some traders quickly labeled a “crash.” Crypto commentator Dan Gambardello, however, argues for a longer-term view.
Drawing on historical patterns, he reminds investors that similar fear dominated markets during the COVID-19 crash back when Bitcoin fell under $4,000 and Cardano plunged below $0.02 – price points long surpassed. His comments suggest the current market action might be an early phase of a broader financial shift, with crypto still potentially leading the way.
BTC and ADA Price Check & Levels
Bitcoin currently sits around $77,805.58, marking a 2.12% drop over the past 24 hours and the weekly chart show…
The post ‘Long Forgotten Now’: Gambardello Uses Past Lows for BTC, ADA Context appeared first on Coin Edition.
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‘Long Forgotten Now’: Gambardello Uses Past Lows for BTC, ADA Context
- BTC & ADA prices dip, sparking debate on market direction (consolidation vs weak)
- Analyst Gambardello cites history (COVID crash lows) urging long-term perspective
- Context: Bullish narratives contrast with current tech hurdles & modest ADA forecast
Recent pullbacks in Bitcoin and Cardano have kicked off fresh debate: is the crypto market weakening, or just consolidating before its next major move? Bitcoin slipped below $80,000 again, while Cardano traded under $0.60, levels some traders quickly labeled a “crash.” Crypto commentator Dan Gambardello, however, argues for a longer-term view.
Drawing on historical patterns, he reminds investors that similar fear dominated markets during the COVID-19 crash back when Bitcoin fell under $4,000 and Cardano plunged below $0.02 – price points long surpassed. His comments suggest the current market action might be an early phase of a broader financial shift, with crypto still potentially leading the way.
BTC and ADA Price Check & Levels
Bitcoin currently sits around $77,805.58, marking a 2.12% drop over the past 24 hours and the weekly chart show…
The post ‘Long Forgotten Now’: Gambardello Uses Past Lows for BTC, ADA Context appeared first on Coin Edition.
Read More