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altcoinb
Jun 1, 2020 9:57 PM

Cardano at $1.38, $5 & $50 Long

Cardano / US DollarBinance

Description

using the Pitchfan fib I have a projected price range for Cardano taking into consideration Bitcoin hitting its Stock to Flow price target of $93,000 by 2021 and a 250k Tim Draper 2022 prediction and a Pantera Capital Super Cycle price of $533,431 (slated for 2020 but I am a little skeptical of this prediction).

Comment

I am leaning more to a 2021 possible run on Ada because of the 4-year cycle we have on Bitcoin. What I mean is that the Bitcoin halving has a 4-year cycle event that does affect the price values on many of the altcoins in this market. For example, 2013 was my first Bull run ever experienced and then 2014-2016 we had three years of a bear market followed by 2017 the Bull run. Likewise, 2018-2020 marks the next 3-year bear cycle with 2021 being the Bull run. I thought 2022 was going to be the next Bull but now I am more in agreement with 2021 along with other factors as Pantera Capital (plus other respected TA individuals) and the Stock to flow chart by Planb suggests.
Comments
brianperez0920
is this a joke?
CatharticCanuck
@brianperez0920, Look more like speculation, um maybe some conjecture....its quite possible that this individual is inferring by deduction or induction?? What i know for certain,
is its not suppose to be a joke. Never once did thoughts enter my mind saying this this chart was absolute, fact, lies, backed by the creator, and certainly knew it wasn't suppose to be a joke. My 5 yr old can distinguish words, not bad with contextual primaries, whats your problem?

@altcoinb to think outside box on this one, was interesting.
brianperez0920
@CatharticCanuck, are you joking?
altcoinb
@brianperez0920, why would this be a joke? This is very likely scenario given the fundamentals of what this platform is capable of achieving. Speculation? Yes. Everything is speculation but we can have some kind of idea given that we already have a previous high with Cardano and a mainnet coming out in July 2020. I don't see this as a joke.
Token329
@brianperez0920,

Did Ethereum from $0.70 to $1200 look like a joke to you? Why wouldn't some superior technology be able to replicate such results?
CryptoJulio
@ErikKelder, Yep totally agree.
Hoskinson himself told ADA could become a trillion dollar marketcap crypto. It would give ADA a 32$ value. I see it reachable within the decade, if adoption and technology become strong enough.
altcoinb
@CryptoJulio, my thoughts exactly
Miamicane1
@CryptoJulio, My sources state staking to occur middle of August plus possible Coinbase effect . Stay safe
altcoinb
@Miamicane1, so so exciting! This is a game-changer for Cardano.
brianperez0920
@ErikKelder, Ethereum was the first of its kind and rose to those levels before the 2017 hype phase. I don’t believe those type of gains exist anymore. The market has matured and a lot of new money left the speculative space after the dumpening. At best I see cardano a $.50 to $1 coin
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