altcoinb

Cardano at $1.38, $5 & $50

Long
altcoinb Aggiornato   
BINANCE:ADAUSD   Cardano
using the Pitchfan fib I have a projected price range for Cardano taking into consideration Bitcoin hitting its Stock to Flow price target of $93,000 by 2021 and a $250k Tim Draper 2022 prediction and a Pantera Capital Super Cycle price of $533,431 (slated for 2020 but I am a little skeptical of this prediction).
Commento:
I am leaning more to a 2021 possible run on Ada because of the 4-year cycle we have on Bitcoin. What I mean is that the Bitcoin halving has a 4-year cycle event that does affect the price values on many of the altcoins in this market. For example, 2013 was my first Bull run ever experienced and then 2014-2016 we had three years of a bear market followed by 2017 the Bull run. Likewise, 2018-2020 marks the next 3-year bear cycle with 2021 being the Bull run. I thought 2022 was going to be the next Bull but now I am more in agreement with 2021 along with other factors as Pantera Capital (plus other respected TA individuals) and the Stock to flow chart by Planb suggests.

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