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The Cardano price has jumped by 7% in the last 24 hours to trade at $0.4353 as of 6 a.m. EST. 

According to Dan Gambardello, a renowned analyst, the Cardano price will soon break out. Cardano is bottoming out as next year’s Bitcoin halving approaches before a price pump. 

Dan reminds us that ADA saw the same pattern during the last halving before skyrocketing.

Looking at 4-hour charts, the 50-period moving average has exceeded the 200-period moving average as the Relative Strength Index indicator holds above 50, demonstrating buying pressure on ADA.

The MACD is also moving in the green zone, showing bullishness on the Cardano price as the token looks to pump in the short term. The Cardano price is volatile, as shown by the Bollinger Bands, which are currently diverging. 

Additionally, there has been increased interest in Cardano from whales as transactions of over $100,000 hit new highs. According to @ali_charts, such activities lead to price spikes.

Meanwhile, as the Cardano price jumps, Bitcoin Minetrix is still making waves with its BTCMTX presale as more investors get on board. The presale has now raised over $4.9 million, showing immense investor confidence in the project. Each BTCMTX token is now priced at $0.012.

Cardano Price Prediction: Is BTCMTX A Better Alternative To ADA?

Bitcoin Minetrix (BTCMTX) allows users to stake BTCMTX tokens and reap Bitcoin mining rewards through an inventive concept.

BTCMTX users can also accumulate cloud mining credits via stake-to-mine, which can later be exchanged for Bitcoin mining hash power. This approach allows users to earn Bitcoin without needing expensive specialized equipment.

Bitcoin Minetrix aims to redefine cloud mining systems by emphasizing transparency and decentralization. Addressing concerns related to reliability and openness has instilled confidence among users, making the initiative more appealing.

The ecosystem integrates wallets compatible with Ethereum, such as MetaMask, to facilitate easy entry. This integration simplifies the process of staking packages and token purchases, enabling users to start accumulating Bitcoin income promptly.

Advantages Of Bitcoin Minetrix’s Mining Techniques

Aside from earning Bitcoin, users can benefit from modern mining methods, including:

  • Minimal barriers to entry
  • Intuitive design
  • Efficient cooling and noise reduction
  • Reduced need for technical expertise and maintenance

Staking BTCMTX is a straightforward process, allowing users to relax while witnessing their Bitcoin profits grow. This presents a straightforward approach for regular crypto investors to capitalize on potential future Bitcoin price hikes. 

Visit Bitcoin Minetrix here

Related News

New Crypto Mining Platform – Bitcoin Minetrix

Bitcoin Minetrix
  • Audited By Coinsult
  • Decentralized, Secure Cloud Mining
  • Earn Free Bitcoin Daily
  • Native Token On Presale Now – BTCMTX
  • Staking Rewards – Over 100% APY

Bitcoin Minetrix

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