Warning: Cardano can drops to 0.5$ and Ethereum to $800

[LUCKMCFLY]

Eventually there is a lot of speculation about ETH and Cardano, for its part there is relevant news about Cardano, which will arouse a lot of interest about ADA, which is super interesting because it is related to space:

SpaceChain shoots blockchain to space; Cardano’s bridge to China | The Daily Forkast

And coming back down to Earth, Cardano has selected Chinese public blockchain Nervos Network for its first cross-chain bridge. Now, the Nervous Force Bridge will unlock cross-chain transactions for Cardano and Nervos users. And that means ADA and CKB holders can soon transact with one another

“We hope that developers on Nervos can also benefit users from other blockchains.”

Source: https://forkast.news/spacechain-blockchain-to-space-cardanos-bridge-to-china-the-daily-forkast/?utm_source=rss&utm_medium=rss&utm_campaign=spacechain-blockchain-to-space-cardanos-bridge-to-china-the-daily-forkast
For this type of news, many ADA investors will start buying, maybe a good bullish jump, anyway we have to wait to see how everything continues to develop.

When things is connected to the country of China , I'm always having tons of doubt after what they Did to Bitcoin since years back.
and also why bridging to China? to be controlled and manipulated? people now are bright and havign China in effect will only cause negative impact so lets not put cardano into its own grave .
Maybe it is much better to believe about cardano will increase instead of falling down in the next coming days.

I fully understand what you say, in fact many times China has been very opportunistic with Crypto with Bitcoin in China have been proteganistas with a lot of FUD, with mining problems, among others, but also recalcarqeu need China is a big country and many people who live there and not all follow the rules or what tells the government, many are investors, miners, traders, in this case, good news out of China is something completely different, it's something very few expect, in this case with Cardano can be seen as a good effect for investment.

[Argoo]

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

It is likely that such a negative outlook for prices in this market has begun to come true. Bitcoin and all cryptocurrencies have dropped in value again today. The price of bitcoin is already a little over $ 31,000, and ethereum is just over $ 2,300. However, it looks like the price will continue to fall further. That is, the price bottom is still far away. If the ethereum price drops to $ 800, this will practically decrease by another three times, then the bitcoin price similarly can be about $ 10,000. After such a fall, the market can really recover for a very long time. I would like to believe that in the fall, from about the second half of October, we will again see the continuation of the bullish growth of our cryptocurrency.

[DOH!]

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

I believe justice is on the side of those who truly believe in the market this year, it won't be repeated by that death.  So, the main fight right now will be at the heart of $31k, we're not going to let it slip.  Bear market is trying to crack down, our hope is a reversal from what they appeared in the previous three recoveries to $40k.  One ladder, it will do.

[LUCKMCFLY]

Cardano is in an area very full of uncertainty, however it has had a very good bullish advance, it has grown by approximately 1.6%, which is not bad at all, it is necessary to emphasize that while BTC continues its upward trend, Cardano is likely stagnates a little so that it can rise when the recovery of BTC is confirmed, at that moment the bulls will take action:

Despite today's growth, the rise may continue as the altcoin has fixed above the support at $1.54. It is too early to consider about the new peaks as the growth is not accompanied by large trading volumes which means that bears might seize the initiative in the zone of $1.84.

Source: https://u.today/btc-eth-ada-bnb-and-xlm-price-analysis-for-june-15

I think ADA fans are very aware of the next move, really as I see the market it may be that the price of cardano will go up totally.