ADA has had a candle close on the 4H above the previous BTC resistance level, which was first rejected in February if we can close a daily candle above we could continue to see upward momentum.
- On average bitcoin takes 280 days to reach its bull cycle top once it breaks the previous ATH.
- If we assume a diminishing rate of return of 60% each cycle (this is very conservative)
- And we assume that it will once again take 280 days to reach the peak of the bull cycle after breaking the previous ATH.
- We can put BTCUSD at around 115k around the...
