Analyst: "Banana Effect" if happens again, will push Bitcoin price to 300,000 US dollars
Cryptocurrency analyst MartyParty stated that the "banana effect" which occurred in 2011, 2014, 2019, and 2022 could lead to a historical high of $300,000 for Bitcoin if it happens again.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Share link:In this post: Cardano (ADA) continues its decline, down 8% in 24 hours, amid market correction, with user activity and TVL sharply dropping since December. The ADA price faces resistance around $1.3, now sliding toward $0.75, with further declines expected if it breaches key support levels. Technical analysts warn ADA could fall to $0.763 or lower, citing weakening RSI and bearish market sentiment.
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