So as we see from the chart shown,
ADA was having an amazing bull move until it finally broke to the down side.
ADA showed its strength again by quickly breaking that bearish move to the upside.
What worries me now is the fact that it seems like ADA is respecting the original trend line area where it broke to the down side.
What I’m waiting for now to confirm...
Will we break this important area or will the market continue bearish due to uncertainty with Joe Biden tax hike.
Only way to find out is to wait and see what the market brings us.
In my last post I showed we would be going back to $55k and we pretty much made it, but if Bitcoin will continue its run or not is what we will find out.