Experienced analyst Peter Brandt, who has been a vocal critic of Cardano, has taken a different stance and caught the attention of the cryptocurrency community with his recent predictions. The seasoned analyst believes that Cardano (ADA) has finally reached its lowest point and could be on the brink of a significant price surge.
Brandt pointed out that Cardano formed a double bottom pattern that lasted for more than a year before breaking above its recent local high of $0.81. This particular pattern indicates a potential reversal and a possible rally in the future.
“Alt season???? Make no mistake, Cardano (ADA) has bottomed for a major bull market.”
In 2025, the price of Cardano (ADA) has already risen by over 30%, and it has now consolidated above $1 for the first time since April 2022.
Please note that this information is not intended as investment advice.
Source: [Twitter](https://twitter.com/PeterLBrandt/status/1879872718142943430)
