Over the past two years, the cryptocurrency market has been gripped by a relentless bearish trend, but for those who’ve weathered this storm, the prospect of the next two years potentially heralding a cryptocurrency bull run is a well-deserved reward. I recently shared this thought on social media, and now I want to delve deeper into this idea, using the Bitcoin chart as a guide. It’s important to note that this concept isn’t limited to Bitcoin; it applies to the entire crypto market, including assets like Cardano (ADA). While the crypto landscape may seem complex and uncertain right now, there’s a simple pattern emerging.
When we analyze the historical data and market cycles, especially focusing on Bitcoin’s halving events, a compelling narrative emerges. The next Bitcoin halving is expected in the spring of 2024, which aligns with previous patterns. To put things into perspective, let’s consider the last two bull markets. Bitcoin’s previous all-time high occurred almost two years ago, in November 2021. If we count approximately 730 days (two years) from that point, we arrive at November 2023. This timing is crucial because it often marks the beginning of a new bullish phase. Interestingly, this timeframe coincides with what many consider to be the potential bottoming period of the crypto market. It’s important to note that while September might historically be a challenging month for crypto, October often brings positive momentum.
Now, let’s look at Cardano (ADA) as an example within this broader crypto context. Just as Bitcoin tends to follow these cyclical patterns, ADA may exhibit similar behavior. If ADA follows a pattern where it bottoms out around the end of this red box, it could pave the way for substantial growth, similar to what we’ve seen in previous cycles. The key takeaway here is that while there are no guarantees in the crypto market, analyzing historical data, understanding market cycles, and considering macroeconomic factors can provide valuable insights. We’re potentially approaching a critical juncture, and mentally preparing for the next two years, which could bring renewed optimism and opportunity to the crypto space, is essential. Your insights and thoughts on these matters are highly appreciated, so please share them in the comments.
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Intro 00:00
Fear is everywhere in crypto 00:30
The timeline 1:10
The bottom of the bear market 3:30
Cardano data 7:30
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*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.
Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.
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44 Comments
still here holding ada and now cornucopias 😀
Thank you!!
I prefer the positive patient mindset you have.
Long term mindset, nothing to worry about.
Good video after very long time. No more stupid bullishnes, ADA will bottom soon. 😅😀
Ada 70 cents by Halloween
Should I trade all my alts for BTC or is it too late
Been an extra long bear though. The longest.
LET'S GO HODGE TWINSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!
Stacked up 100k Cardano, and will continue to stack. Can’t wait for the bull market.
yes, it doubles too fast to mess around. dca HODL
Crypto right now is like a gamble and with so many red Septembers my $ is on green 😂
Let’s f goooo 10c coming 🤑🤑
Those Dips are gifts 😁
I’m not selling. I haven’t been through this much pain to sell now
Cardano is about to get rekt, if you buy now you lose
Sitting on 145.5k ada tokens. Wish i could make it to 200k.
Such a good video as usual. 🎉
everytime ADA's price drop I feel so depressed that I use all my availble money to buy ADA to keep me sane.
Bring it on! Ready to load up more if it goes down. Have enough dry powder saved.
thank you bro… you help me a lot with your videos… you helped me in my darkest times
even you are wrong boy
If you want to gamble, Arcona is a safer bet than cardano. It only havr 15 million coin supply and 2x cheaper than Cardano. If your smart Arcona is safer and better risk/rewards than Cardano. Dutch your Cardano coins man, it’s not a safe coin to buy due to its immense coin supply of 32 billion, it’s a scam bro
It's been almost a year of the Bitcoin bulls. Look at your charts😂📈💰🤑
Charles hoskinson bought a huge mansion and a multi million dolllar yacht. He wins and we who bought the hype lose
God bless
I can’t imagine dedicating your life to talking about ADA. 😢😢😢
How much ada you hold Dan?
Webull will delist Ada September 19 and liquidity wallets
I wish someone warn me not to buy alts until it oct thru dec
We appreciate you too bro. More than you know.
You’ve kept so many of us buoyant in difficult times.
Light in the dark places bro. Light in the dark.
brear trend will continue up to at least one full year. Crypto believers, even if BITCOINT SPOT ETF is not approved, even if macro economics is not good, we should continue to HODL. That's what will make surge at a most unexpected time, not in the time you expected. When everybody falls out, then, slowly a surge will come. But, not soon.
Thank for you video , great data !! ADA adding more and more little by little
You re not alone Dan. There are many of us who are right here with you, who believe in the project, and are here for the journey. Life with crypto is more exciting 🎉
Ok! Then stand up like a man if your wrong! Look at the stress and hardship you have caused these people! Read you comments about the people you have influenced!
It’s lookin rough and real down bad but I still got my focus on ADA
every box you draw is even worse than previus ones.
I don’t think your factoring in that the liquidity supply is contracting every month and with the price of oil going higher they will have to raise rates again to keep inflation under wraps. Crypto and all speculative markets are about to get a hair cut, there’s not even enough liquidity in to push BTC higher at the moment, let alone the major alt coins that BTC underwrites the value of.
Sit on the sidelines, wait for the drop to $11-15K BTC, then you may see some liquidity.
❤🎉❤🎉❤🎉❤🎉
thanks Dan,i'm a big fan of your channel
❤🎉you are the great bear from mothah russia you trouble makah ah ah optimistically crazy bear for baby snuggle 😢
Ada fayeda beta i made yah hold and think about it later for data tatter tott❤
Great content as always 👍🏻 awesome mate.
you are brilliant, man, and we will always be here with you 👍
There is only one ai coin i see as a winner of this upcoming bulla and that is $FAKT coin !