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‘Long Forgotten Now’: Gambardello Uses Past Lows for BTC, ADA Context

5M ago
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  • 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.

https://twitter.com/cryptorecruitr/status/1909772399022952767

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.

5M ago
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