Cindicator

Bullish on LINK/BTC in April

Long
BINANCE:LINKBTC   ChainLink / Bitcoin
ChainLink had a stellar run last summer, shooting to over 0.0016 BTC. Since then, however, the LINK/BTC pair went into a prolonged downtrend even though LINK continued to post gains in USD terms.

It seems that over the past week LINK/BTC once again turned the corner. So we’ve asked Hybrid Intelligence if the trend will continue:

“The cryptocurrency ChainLink (LINK/BTC) settled at 0.00052770 BTC at 09:11 AM UTC at the binance exchange on Monday, April 5. In your opinion, will LINK/BTC trade above 0.00058849 BTC (+11.52%) at any time before April 15?”
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Assurance: 89%

That’s a bullish sign: Hybrid Intelligence views that LINK is likely to go up in BTC terms. The target is not very ambitious — this level was last observed less than a month ago. It’s also well below the February resistance level of 0.0007 BTC.

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