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***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
-MPC loves you-
Question for you my dear :
- Bitcoin is only 25% of ADA marketcap. The main part is from KRW correan fiat currency
- Bitcoin will hit 12k if few days and there's a big probability it will bounce and go down for a while
- It perfectly match the ADA situation where the reversal is waiting to be happen in few days
- ADA price in USD is pretty stable for the last 2 weeks
So, if BTC bounce and go down, and ADA bounce and go up in same time, we are trading for nuts? Because we are accumulating something that lose it's value. I'm confused or what ?
Does BTC really have a impact on ADA price because only 25% of market cap ?
Some time I just wonder why all this TA regarding the global situation, and the meaning of our trades :)
Thanks for your light !