Why CARDANO Market Cycle Will SHOCK The Masses…

Why CARDANO Market Cycle Will SHOCK The Masses…

one thing that you cannot argue with if
you take just some time just take some
time if you zoom out on an altcoin chart
or zoomed out on a Cardon chart if you
just zoom out and you look at cycles and
then you look at Bitcoin
is databased everything I’m saying I’ve
been saying altcoin season though we
would love to see it happen sooner than
every other cycle altcoin season in my
opinion is not here yet I’m going to
just break down the data in terms of
cardano break down where I think we are
with Cycles hit the Subscribe hit the
like let’s jump into the video I don’t
know how else to put it I realize even
in a bare Market through all of this
mess with the Ada chart doing a videos
and Bitcoin videos all the time I
realize that I’m I’m pretty much a
perable I mean we’re falling in price
right and I’m just I’m still bullish on
crypto and I realize it doesn’t sit
right with a lot of people because how
can how can I be bullish in environment
where where we’re falling right and it’s
very simply because I’m understanding
always in the back of my
head cycles and how it does take a while
to get through bare markets and it does
take a while to enter into bull markets
and break all-time Highs but it’s that
longer term picture that excites me that
that really is part of my plan so with
cardano this is the case and I want to
just very briefly in this video show you
and then I’m going to dive into the
shortterm Ada charts we’re going to talk
about price action on the short term
what’s going on but I want to show you
from a macro perspective why cardano and
other altcoins I’ll take a glance at
ethereum I’ll take a glance at madic we
are just we’re we’re on schedule right
now and there’s nothing out of the
ordinary or bearish happening that I see
from a data perspective so let’s just do
this the first thing I want to do I
think this kind of inspired me to do
this video I just posted the cardano
journey to a dollar and above begins
soon and somebody commented it said it’s
beginning for It’s Beginning for at
least 3 years but never seems to start I
think they’re they’re kind of
insinuating that I have been saying that
the bull market is starting for for the
last three years and then sometimes it’s
better not to create such high
expectations and then this person said
same I feel you on this we’ve been told
it’s happening soon but the only thing
happening soon is bearish patterns and
here’s the thing everybody I don’t know
maybe they don’t watch my content and
yeah when we’re exiting a bar Market or
we’re putting in a bottom for me we are
getting very close to the bull cycle but
along that journey of tracking this data
and maybe using words like soon we’re
getting there this Bitcoin having has
always and will always be the foundation
to the cycles that I cover
in terms of technical analysis and with
that being said I have been saying I’ve
been showing this chart specifically the
Bitcoin dominance
chart I’ve been showing this to really
just very helpfully illustrate the the
altcoin season if you look at the
Bitcoin having right here and then we
look at previous Cycles here’s last
cycle 2020 Bitcoin having altcoin season
is over here in this green box so I I I
put it up here 220 4 days after Bitcoin
having that is when altcoin season
started that is
when if you’re an altcoin holder you
really started seeing some gains and you
really were enjoying the bull the bull
cycle but that Vibe and that part of the
cycle I truly think people have been so
spoiled so spoiled with how we how we’ve
exited this previous bare Market people
are just assuming that we should be in
that environment right now and I’m
telling you and this is why I say I
think people have been very spoiled it
we’re not we’re not there yet right and
if you look at the cycle before that in
2016 Bitcoin having check out Bitcoin
dominance falling look at this 224 days
after the Bitcoin having here we are the
Bitcoin having just started and it seems
like everybody’s so antsy everybody
wants to be like 224 days past Bitcoin
having gains right everybody wants to
see Bitcoin Domin falling right now
altcoin season popping off but 224 days
is typically when that has happened I’m
not sitting here saying it’s going to be
224 days until altcoin season and I want
to talk about that so if we go and we
look at the Bitcoin weekly chart one
thing has happened Bitcoin truly did
exit the bare market like crazy right
breaking all-time highs before the
Bitcoin having this is the first time
it’s ever happened breaking this bull
market door indicator before the having
that is the first time it’s ever
happened you can see back here this is
Bitcoin breaking those bull market doors
well after the Bitcoin having so there’s
a case to say that markets are moving in
a little bit of a different type of way
and altcoin season therefore could maybe
happen earlier happens sooner but if we
go look at an ADA chart for instance
right there’s a lot of people that are
just incredibly frustrated and I’m I’m
not going to sit here and say I’m not
frustrated with it I would I would
absolutely enjoy now that coin has
broken alltime highs I would enjoy
altcoins to do the same I really would
but at the same time I do have to zoom
out on the data and just look at very
simply okay last cycle at this time
meaning from from alltime high in 2018
to the Bitcoin having area Ada was still
down around 94% we’re right there right
now so if we look at Ada right now for
multime high Ada from alltime high to
bitcoin having now a couple weeks past
Bitcoin having Bitcoin or a is down
85% so we’re actually better off this
cycle around than we were last time so
how could anybody that’s just looking at
this this very simple data just sit here
and be like this is ridiculous this is
taking too long when in reality we’re
actually we’re actually ahead of
schedule in a way and we’re better off
than we were last cycle aah was in a
worse position last cycle and it took
again 224 days from the Bitcoin having
right here and there’s 224 days for
altcoin season to begin and for for Ada
really to truly just make that breakout
towards its all-time high and do some
crazy things 224 days now if you if you
remember in previous analysis because
markets have been moving in in a little
bit of a different fashion we were very
much taking this move all the way back
here with with Ada into the uh Shelly
hard Fork right and then coming to
consolidating and then Bitcoin breaking
the bull market doors right around here
we were taking that move and this the
structure that’s that that happened then
and we were kind of like you know what
what if this is playing out again and
that’s why we were looking right here
for this potential move right if we were
going to get this early bull market
early allcoin Market move type of deal
we were tracking it and it it all was
really hinged on this pattern that you
see here a rising wedge it would have
just seen Ada break to the
upside we didn’t get we didn’t get an
early altcoin season that’s all that
says to me that doesn’t mean I think and
this is me I could be completely wrong
right this is just me tracking Cycles
tracking the data waiting for the bull
cycle but that doesn’t mean it’s the
start of like a bare Market it just
means a is consolidating right now
around Bitcoin having in a very similar
fashion that it did back then does that
mean we’re about to get a very similar
pump just after the Bitcoin having maybe
maybe not but this is exactly why I sit
here and I track Ada charts and and kind
of structure and what’s going on what
can we anticipate before we get a move
to the upside that’s what this has to do
with right this is the daily chart daily
structure on Ada you go to ethereum it’s
the same exact story and what’s cool
about ethereum I talked about this I
think in last night’s video post having
in 2016 ethereum fell and here’s two 224
days after all of that ugly
consolidation I’m sure people saying
it’s the beginning of a bare Market it’s
going to be so bad all of the sudden 224
Days Later ethereum AB absolutely took
off and it’s nice to see an altcoin like
ethereum couple Cycles ago just kind of
failing after Bitcoin having on the eth
chart and then last cycle it was just
very sidewise after having but you can
just see if we look at it 224 days after
Bitcoin having check it out you can see
there’s ethereum just taking off towards
all-time highs that data is insane 200
some days after Bitcoin having
historically and look look where
ethereum is right now it is just
chilling it’s just Bitcoin having just
happened on this ethereum chart maybe
it’ll be 224 days again before ethereum
approaches alltime highs maybe there’s
going to be downside for ethereum
cardano and altcoins in general right
just like we saw on the ethereum chart
all the way back here in
2016 maybe there’s going to be downside
but then what happens next right that
would be a similar story playing out and
then we go look at something like madic
madic is of the altcoins that hasn’t
moved you know it’s just kind of
sideways right now what’s going to
happen in this era after Bitcoin having
when altcoin season
happens assuming it happens there’s I I
don’t want to sit here and guarantee
that it’s going to happen no none of us
know right this cycle could do something
that it’s never done I realize that I
accept that but when we have all this
data saying you know what consolidation
right now altcoin is not exploding to
new all-time highs at this part of the
cycle is actually the normal thing it’s
the normal thing I I I really don’t know
why people are out there expecting that
altcoin should be all Breaking alltime
highs right now and everything’s
underperforming a is just
underperforming right now because it’s
not because Ada is exactly doing what it
did last cycle if not a little bit
better right now so Ada on the short
term let’s just do some analysis and I’m
I’m I’m not trying to throw hopium or
copium out there I say that often
because I realized as I’m discussing
this it’s what it kind of looks like
right like because everybody is
expecting just a way different bullish
environment and I’m sitting here saying
no it’s this this normal that it’s not
happening but it really is just it’s
data driven if the data starts diverging
in a bearish way from these Cycles I
will talk about it and I’ll just simply
be here I’ll just I’ll just probably be
here like I don’t know man at this point
I don’t know this is not looking good
I’ll say that but right
now it’s looking just normal so here we
are with the structure on Ada this is
Ada we had the move uh in this this
Rising wedge we absolutely would have
enjoyed the early altcoin market right
just altcoin bull market breaking that
upper trend line we broke to the
downside and there’s a case where it
doesn’t hit the target it’s in the lower
30s that’s the target there’s a case
where we just kind of consolidate here
maybe a is trying to bottom out here
putting in putting in a higher low from
this swing low higher low and then we’re
kind of moving to the upside we have to
contend still with the 20 the 200 and
the 50-day moving average right there
could be resistance and we could just
continue falling this could be kind of
really drawn out this consolidation but
I go back to the weekly and I’m like all
right well we just have to watch it
right zoomed out in the weekly this is
what it could look like it could look
like a really ugly throwback to the
structure we broke out of out of the bar
Market pouring outside right
now and what does that look like
probably environment where all coins are
crazy oversold Bears will be tired at
that point and and then where will we be
somewhere maybe in the range of over 200
days or not even 200 days post Bitcoin
having and then maybe it’s time for
upside maybe that upside happens sooner
maybe we get the move of support on the
50 50e moving average here it’s right
around 41 cents I don’t know we’re going
to we’re going to track to see how this
weekly candle closes um there’s a real
there’s five days two hours left of the
weekly but really that’s the area maybe
maybe Ada doesn’t even make its way to
the Target and we get a pullback right
just a nice pullback to that pattern and
then we start talking about higher highs
higher lows breaking just bullish
confirmation areas like that 200 week
moving average 72 cents it sounds crazy
but you’d be very surprised how quickly
these markets can turn around how
quickly and I’ve seen it time and time
again it can go from Fear to Greed and
and and people’s sentiment and the
emotion and markets it’s just like that
all you need is a little bit of upside a
5% move
even
wow 5% move even and guess what we have
that Thunder’s crazy we have all of a
sudden sentiment turning to to bullish
right I zoom out I kind of put aside the
emotion of it all sentiment even it’s
good to evaluate and understand where we
are from those persp perspectives but
I’d like to just watch the data and the
data is saying
Cycles are are they’re on Pace right now
there might be some downside right we
saw ethereum did it all the way back
here 2016 into 2017 before going higher
we might be in that type of environment
I’m just sitting here I’m waiting with
the rest of you to see what happens next
none of us know what’s going to happen
next this is just me tracking the charts
tracking the way I see it and it it does
take a while if you zoom out a
chart it takes a while to get the
bull and if you look at it in the grand
scheme of things waiting all of that
time is it takes way longer to wait and
go through that pain and learn the
patience of it all to enjoy the bull
market go to a Bitcoin dominance chart I
don’t think we’re there yet but I think
it’s approaching let me know your
thoughts in the comments below everybody
I just want to do this this zoomed out
video with a little shortterm analysis
as well hit the Subscribe hit the like I
hope you’re doing well out there God
bless

In this video, I discuss the current state and future expectations of cryptocurrency markets, particularly focusing on altcoins like Cardano and Ethereum. I emphasize the importance of understanding market cycles and the impact of Bitcoin halvings on these cycles. Despite the present bear market conditions, I maintain a bullish outlook, underpinned by historical data and cycle patterns. I break down the current positions of Cardano and Ethereum in their respective cycles, illustrating why, based on past trends, it’s too early for an altcoin season. I also respond to viewer comments that express frustration over the perceived delay in market recovery, explaining why these patterns are normal and expected. The discussion extends to a detailed technical analysis of the short-term price actions of Cardano and Ethereum, predicting that patience will eventually lead to significant market upturns, akin to previous cycles.

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Intro 00:00
Altcoin season is not here yet 00:25
Cycles and waiting for bull markets 00:50
Cardano is where it needs to be 1:40
Understanding when altcoin season really takes place 3:00
ADA last cycle at this time 5:30
No early altcoin season yet 7:00
Ethereum and Matic 8:10
Cardano price in short term 10:20
Sentiment shift happens fast 12:40

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