As an avid ADA (Project) follower, and assuming a slightly downward continuation of BTC, then followed by a further BTC drop, how will this impact ADA by year end?
Firstly, I am of the view that we WILL see a consolidation (slightly downward) of BTC before a further significant drop by or around year end. (Purely based on the uncertainty around global financial and FIAT matters, Debt Ceiling, Tapering, IMF Warnings etc etc - There are many!)
ADA will feel the pain of the master as will other Alts, to simplify the chart I have turned off many indicators and kept the few that count.
Details on the chart.
Enjoy or Not.
Thanks for viewing!
Firstly, I am of the view that we WILL see a consolidation (slightly downward) of BTC before a further significant drop by or around year end. (Purely based on the uncertainty around global financial and FIAT matters, Debt Ceiling, Tapering, IMF Warnings etc etc - There are many!)
ADA will feel the pain of the master as will other Alts, to simplify the chart I have turned off many indicators and kept the few that count.
Details on the chart.
Enjoy or Not.
Thanks for viewing!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.