Crypto investors are calling out veteran trader Peter Brandt for his bearish outlook on Cardano (ADA) in April 2024, as the price of ADA has surged by over 100% since then. Brandt had warned that ADA was at risk of a significant price dump if it broke a certain price point, and while current prices may not reflect it, the asset did experience a decline to lows around $0.28. This highlights the problem of how crypto investors respond to perceived critics, as circumstances can change and opinions can evolve. The recent surge in ADA's price is attributed to shifting macroeconomic conditions and positive sentiment towards cryptocurrencies.
- Content Editor ( thecryptobasic.com )
- 2024-12-12
Cardano Price Defies Peter Brandt With 100% Surge Since Bearish Call, Or Did It?