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Bitcoin’s “Mega Move” and Cardano’s Consolidation Mimic Crypto Bull Run Behaviors

Published 02/12/2024, 04:49 PM
Updated 02/12/2024, 05:15 PM
© Reuters Bitcoin’s “Mega Move” and Cardano’s Consolidation Mimic Crypto Bull Run Behaviors
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  • Crypto analyst Dan Gambardello has spotted a “mega move” in Bitcoin’s price.
  • According to Gambardello, the recent Bitcoin rally was a move that unfolded over a long period of time.
  • Gambardello noted that Cardano’s consolidation is normal in a pre-bull market situation.

Crypto Analyst Dan Gambardello has spotted a “mega move” in Bitcoin’s price. In a recently uploaded video, Gambardello analyzed the recent Bitcoin rally, explaining its importance to the current market situation. He also identified a critical development in Cardano’s price, projecting how the altcoin’s price would unfold in the short term.

According to Gambardello, the recent Bitcoin price behavior is a move that unfolded over a long period of time. He noted that the flagship crypto has surged into a long-term resistance area, a…

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