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.