- Dan Gambardello thinks Bitcoin is preparing for a significant rally after consolidation.
- According to Gambardello, Bitcoin’s rally depends on a pullback in the Dollar Index.
- The analyst noted Bitcoin will surge if it breaks above current resistance, otherwise, the price could drop to $65,000.
Renowned crypto analyst Dan Gambardello thinks the crypto market is preparing for a significant development after some reasonable consolidation. In a recently uploaded video, Gambardello noted that the Dollar Index is in a critical moment and needs to pull back for the crypto market to rally.
BITCOIN Apex ALERT! CARDANO Signals MAJOR Move!Intro 00:00
U.S. Dollar currency indext 00:35
Bitcoin halving month 1:30
The next Bitcoin price move 2:55
Is Cardano really underperforming 7:15
Very clear note on the next ADA move 8:00
This ADA dip has been normal 9:00
Bullish… pic.twitter.com/kpmxXrVr5d
— Dan Gambardello (@cryptorecruitr) April 7, 2024
Gambardello explained that the outcome of the Dollar Index behavior will directly impact Bitcoin and cryptocurrencies. According to the analyst, the resulting situation could be significant following the crypto market’s latest conso…
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