Now, when we have more information to analyze the market, here is my prediction. As you probably have noticed there isn't much selling going on, and I believe people are getting ready to stake (75% complete). It doesn't mean we won't see a correction after tremendous growth like few days ago. Everyone is trying to accumulate as much Cardano as possible. I believe the potential for growth is more obvious than the market keep correcting, but I drew the support lines for both scenarios.
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Bitcoin is doing terrible, and it's affecting altcoins.
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Three consecutive red days is called "three black crows". If it closes on red today, we will likely see another red day.
