- Dan Gambardello revealed in his latest analysis that bullish setups have emerged for BTC, ADA and ETH.
- According to the analyst, BTC could soar to $42K before undergoing a correction in the short term.
- Gambardello also predicted that ADA could rise to between $0.80 and $0.85.
The popular cryptocurrency trader and analyst Dan Gambardello shared his latest take on Bitcoin (BTC), Cardano (ADA), and Ethereum (ETH) in an X post today. According to the analyst, bullish setups have emerged on all three cryptocurrencies’ charts.
GROUNDBREAKING MOMENT: Bitcoin, Cardano, Ethereum Setup For BULL MARKET https://t.co/cPfZzIVCxh— Dan Gambardello (@cryptorecruitr) December 4, 2023
Gambardello started the video off by revealing that his short term upside target for BTC is around $42K. He did warn, however, that he anticipates a correction regardless of whether the market leader reaches this mark or not. His warning stems from the fact that BTC has entered overbought territory.
Furthermore, he shared that BTC correcting soon would be similar to historic price movements in earlier cycles. He added that this correction would be a “common move” for the leading cryp…
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