RE: Drop15 Jun 2022 23:34
Again, technical call out for BTC at 21/22k achieved, with a dip actually slightly below the level that quickly got bought into. Good probability for the lows to now be cemented and used as base. Difficult to say for sure.
Cardano performed better than it could have. Rather than a further dip like other coins, ADA appears to have formed a double bottom and is beginning to signal a trend reversal. Certainly not out of the woods. Expect turbulence
I was considering a significant top up to around 100k ADA if we went to sub 30 cents. Doesn't look like that will happen now ... unless things unexpectedly continue to deteriorate. For now, I personally anticipate quite wild fluctuations with rapid climbs followed by some steep drops. Adding at sub 50 cents may be as good as can get. Personally not going to go all in as things can always turn. I've sufficient in here to be happy wherever this lands in a few years time. That way, still reserving a few pennies should the unexpected happen and op for lower price materialises.
All the best to hodlers, long and new. Cardano is just getting started and looking forward to the next bull run, whenever that will be