Cardano is continuing to fight against a bearish Bitcoin. Naturally, this has caused the valuation of ADA to go down against Bitcoin. Our consolation prize is that during the dump over the last few days, ADA has actually been gaining on Ethereum. Bitcoin moving down makes it hard for the ADA to have the confidence it will need to put in a new all-time-high, so it seems reasonable that our consolidation phase could be in store for us. TA Video by Benjamin Cowen.
