Bitcoin’s Bullish Consolidation Sparks Hope for Cardano Rally

Bitcoin's Bullish Consolidation Sparks Hope for Cardano Rally

  • Events of the next few days will influence crypto prices.
  • ADA is timely primed for a bullish run.
  • Historical data from the ADA/BTC chart reveals a notable trend cycle.

Crypto analyst Dan Gambardello sees a bullish consolidation forming on Bitcoin’s weekly chart, which he believes could spark the next crypto market rally. He points to several upcoming events that could play a crucial role in driving this movement.

The events outlined by Gambardello include the Japanese GDP, which users expect out on Monday, September 9, the House Financial Services Committee Hearing on DeFi and the US presidential debate slated for Tuesday, September 10, and the US CPI m/m and y/y that would come out on Wednesday, September 11.

Read also: Can Congress Establish Regulatory Structure For Crypto Industry?

The Japanese GDP, as the…

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Source: https://coinedition.com/bitcoins-bullish-consolidation-sparks-hope-for-cardano-rally/