WildBill2535

ADA Decision Time Coming Soon

Short
BINANCE:ADAUSDT   Cardano / TetherUS
We are nearing a cross roads. ADA has hovered for a long time in the $1.00-$1.20 range. However, volume is weak and the macro environment is not looking great. Many retail investors see crypto as a hedge against fiat debasement and problems caused by governments (good use cases); however, the big money stills views crypto as a speculative asset ($$$). I think the crypto market will decline 10-20% over the next few weeks, taking ADA down with it. Expect to see price under $1.00 soon. After that, price will grow primarily through fundamental value creation. Speculative pumps will be fewer and farther between than in years past.
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