In this video, I discuss Cardano's (ADA) current status and its perceived undervaluation in the market. I highlight recent developments, such as the Bitcoin OS project and potential government collaborations, that suggest Cardano's long-term potential. I provide technical analysis comparing Cardano's current price action to its previous cycle, warning of potential volatility and pullbacks, while emphasizing the importance of having a plan for different price levels. I argue that Cardano's fundamentals and institutional interest make it a strong candidate for significant market cap growth, with a range of $250 billion to $500 billion being a reasonable long-term target. Throughout the video, I encourage viewers to stay informed, be prepared for both upside and downside, and not rely solely on social media hype when making investment decisions.
Intro 00:00
Laying the groundwork 2:10
Institutions are buying Cardano 3:30
Cardano is at starting line 7:00
ADA is undervalued 10:25
ADA target hit 14:15
Cardano price action and big dips 16:30
Next target to upside 21:45
Bull market targets 25:15
Having a plan 26:50