Based

Cardano

DeFi

Spot

<p><a href="https://www.newsbtc.com/analysis/ada/cardano-ada-price-to-11/#:~:text=According%20to%20him%2C%20this%20is,the%20next%20Bitcoin%20Halving%20event.">Dan Gambardello</a>, the founder of Crypto Capital Venture, has laid out a bullish narrative for Cardano going into the <a href="https://bitcoinist.com/bitcoin-bull-market-glassnode/" rel="nofollow">next bull run</a>. Based on his analysis, the crypto token has the potential to be one of the <a href="https://www.newsbtc.com/news/cardano/cardano-will-rise-to-32/">best-performing coins</a> during that period.&nbsp;</p> 
<h2 id="history-could-repeat-itself-for-cardano">History Could Repeat Itself For Cardano</h2> 
<p>In a <a href="https://www.youtube.com/watch?v=3sHK6GUzbyk&amp;t=1s" rel="nofollow">video</a> posted on his YouTube Channel, <a href="https://bitcoinist.com/ada-price-set-to-explode/" rel="nofollow">Gambardello</a> mentioned how Cardano was currently in the same technical area it was in the last two market cycles before the <a href="https://bitcoinist.com/why-bitcoin-halving-could-provide-a-big-boost-to-these-altcoins-growth/" rel="nofollow">Bitcoin Halving</a>. He further noted that on those two occasions, ADA managed to surpass expectations and ended up clocking a new all-time high (ATH) in the process.&nbsp;</p> 
<p>Specifically, ADA is said to have seen a 2700% gain on its way to its current ATH of $3 after the 2020 Bitcoin Halving. Gambardello believes that this <a href="https://bitcoinist.com/cardano-recovery-time-to-moon/" rel="nofollow">time will be no different</a> despite ADA being significantly down from its ATH. Although he was trying to be cautious with his price predictions, he raised the possibility of Cardano seeing an 1800% gain on its way to $10 in the next bull run.&nbsp;</p> 
<p>Interestingly, that isn’t the crypto analyst’s most bullish prediction so far. He once stated that <a href="https://www.newsbtc.com/analysis/ada/cardano-ada-price-to-11/#:~:text=According%20to%20him%2C%20this%20is,the%20next%20Bitcoin%20Halving%20event.">ADA could rise to $11</a> at a market cap of $400 billion. Then, he hinted that ADA could enjoy a similar run as ETH did in the last bull run due to its DeFi functionalities.&nbsp;</p> 
<p>This time around, he once again made the <a href="https://bitcoinist.com/cardano-bitcoin-can-never-like-ada-eth/" rel="nofollow">ADA and ETH comparison</a>, noting that the former hitting a market cap of $350 billion in the next bull run is still way less than ETH’s market cap in the last bull run.&nbsp;</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/7k05joWB/" alt="Cardano ADA price chart from Tradingview.com" width="3286" height="1530"></p> 
<h2 id="bitcoin-halving-is-the-key-to-unlocking-the-next-bull-run">Bitcoin Halving Is The Key To Unlocking The Next Bull Run</h2> 
<p>Before now, Gambardello <a href="https://www.newsbtc.com/analysis/ada/cardano-ada-price-to-11/#:~:text=According%20to%20him%2C%20this%20is,the%20next%20Bitcoin%20Halving%20event.">had hinted</a> that the Bitcoin Halving was going to kickstart the <a href="https://bitcoinist.com/cardano-ada-price-explode/" rel="nofollow">next bull run</a>. In his recent video, he once again suggested that the next bull run was going to start after the <a href="https://bitcoinist.com/bitcoin-halving-havoc-only-a-few-miners-may-survive/" rel="nofollow">Halving in April</a>, noting how the bull cycles always take place after this event. He further highlighted how the Bitcoin chart was also indicating that the next bull run is imminent.&nbsp;</p> 
<p>According to the crypto analyst, “a simple zoom out on a Bitcoin chart” shows that there is so much to be bullish about. Altcoins are not left behind, as Gambardello also claimed that the charts of altcoins like <a href="https://bitcoinist.com/cardano-bitcoin-can-never-like-ada-eth/" rel="nofollow">ADA and ETH</a> suggested that something was getting ready to happen, implying that a massive rally was on the horizon.&nbsp;</p> 
<p>Meanwhile, Gambardello wasn’t only bullish on the crypto market from a technical analysis perspective. He alluded to fundamentals like <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-price-above-44000/">recent developments</a> around the <a href="https://bitcoinist.com/breaking-spot-bitcoin-etfs-approved-by-us-sec/" rel="nofollow">Spot Bitcoin ETFs</a>, which show increased demand for the flagship crypto token, Bitcoin.&nbsp;</p>

Why Cardano (ADA) Is A Top Altcoin Pick In The Next Bull Run

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