Bullish pattern observed: Cardano’s price mirrors its 2020 performance, exhibiting bullish signals despite a market dip with losses exceeding 1.33 billion USD in a single day due to liquidations. Bitcoin hovers at 97,000 USD, but Optimism persists for Cardano as it aligns with previous bullish cycles, anticipating remarkable gains.
New ATH targets for BTC: Predictions for Bitcoin hint at a new ATH of 110,000 USD by December 2024, with targets of up to 135,000 USD in early 2025. Traders are optimistic, engaging more in spot trading as confidence grows with forecasts and altcoin resilience, especially with Cardano’s promising outlook.