Quick Update on Ada/BTC.

Why Ada/BTC? Given the current circumstances of the market, where BTC has been on the rise nonstop for 1 year, and more aggressively after the ETF news, as soon as they announce the ETFs approval or rejection, my experience says BTC will pump with a big dump shortly after.

Due to the prediction above, it's dangerous to invest directly in #ada given that the altcoins might follow the dump, at least for a few hours. However, if we focus on ada/BTC, the MA100 has just been touched on the Daily and Weekly charts, with a potential for a rebound, and continuation of the uptrend. If we open Long positions in Ada/BTC, the risk of a BTC dump affecting our positions is lower, given that the price of Ada, declining or not, would gain value against BTC.

Please note these are just my thoughts and personal opinion and analysis. Base your trades on your own research and several sources of information.

$ADA