Bitcoin did a strong upwards impulse this week and as on other occasions the rest of cryptocurrencies didn't move to much, this is because people sold their altcoins in order to buy BTC. If Bitcoin calms down a bit next week, I'm expecting demand to come in other big cryptocurrencies that are still cheap. ADA is one of those big cryptocurrencies that didn't move...
Bitcoin's price is lateralizing within a H4 tringle, if the triangle is broken up, I'm targeting $12,000 as there is an important D1 dynamic resistant. If the triangle is broken down, I'm targeting $11,150 because it is the most relevant support.
Cardano is backed by one of the most solid projects and is now at a GOOD PRICE, on a important support level after having a considerable retracement.
From the long-term perspective, Bitcoin is bullish. The strength of the upward movements and the recent breaking of the most important downward trendline on the monthly chart are signs that Bitcoin is likely to reach the historical maximum in the coming months. This is also supported by the fact that Bitcoin's market cap is very small in comparison with big stock...