Crypto YouTuber Dan Gambardello, the founder and CEO of Crypto Capital Venture, recently expressed his opinion on the subject on Twitter.
He tweeted with optimism that he believes it will happen quite soon.
“Next bull run is getting close. Prepare”
Gambardello reminded the crypto community that the leading cryptocurrency was selling at almost $8,000 per unit on this day (May 16) in 2019. The incident occurred again a year later when BTC sank to $8,000 and then much lower on so-called “Black Thursday” — March 12 — when Bitcoin briefly went below $4,000 but immediately recovered.
Additionally, for a brief time during that period, the price of crude oil fell below zero, making it notable.
The cryptocurrency winter had not yet ended when Gambardello tweeted this January 2019. Many people then questioned if Bitcoin would ever surge above $10,000 once more. The entrepreneur said that following that, Bitcoin continued to rise until it hit an all-time high of almost $69,000 in 2021.
He thus anticipates that the next Bitcoin bull run will be imminent.
Betting hard on ADA too
Gambardello predicted that Bitcoin may rise during the next six months earlier this year on January 1; he provided a Bitcoin chart for the last seven to eight years with green six-month candles. Because of this, he predicted that BTC will increase once more in six months.
In addition to Bitcoin, the YouTuber wagers on ADA, which accounts for a sizable portion of his portfolio based on the regularity and zeal with which he tweets about it.
He recently stated that he had a “hunch” that all ADA holders will ultimately receive significant rewards.
Bitcoin plunges 2% overnight
Bitcoin has lost considerable value since yesterday morning, temporarily falling from the $27,500 region to the $26,900 region. But as of right moment, Bitcoin has somewhat rebounded and is trading around $27,100, according to statistics from CoinMarketCap.
After word circulated that well-known cryptocurrency lending company BlockFi, which declared bankruptcy in November of last year, would be liquidating its operations, the price of bitcoin dropped. Other cryptocurrency platforms that shut down in 2022 were Terraform Labs, Three Arrows Capital, Alameda, FTX, Genesis, and DCG. The majority of these collapses led to a decrease in Bitcoin and the cryptocurrency market.
