Cardano / Bitcoin
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Bullish on ADA/BTC near term

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Cardano’s ADA showed strong performance this year, beating the 2018 all-time high of $1.2 and surginng even higher.

Yet in BTC terms it was slightly less impressive. In March ADA even lost 20% in BTC terms.

We’ve asked Hybrid Intelligence the following question about ADA’s near-term prospects:

“The cryptocurrency Cardano (ADA/BTC) settled at 0.00002086 BTC at 09:06 AM UTC at the binance exchange on Friday, April 9. In your opinion, will ADA/BTC trade above 0.00002312 BTC (+10.84%) at any time before April 20?”
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Assurance: 88%

That's clearly a bullish indicator. The target is also within the range that was observed in March. So if the forecast is correct, that would not necessarily be a trend reversal but could simply be a continuation of the sideways trend.

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