The last time LINK got a big green dot on this indicator it eventually went 30x. Don't forget that LINK had 'lack luster' performance this bullrun whilst doggy coins took the stage. However fundamentally everything in crypto other then XMR has no value without Chainlink integration. $500+ USD link is a conservative bet. I expect LINK to be worth thousands of...
Praise jesus christ our lord and saviour for allowing us to partake in these deliciously cheap stinky linkies. Partake my frens! These linkies are a gift from the heavens above!
The crypto currency market currently rides on a sea of leverage and unbacked tether tokens. This bubble will eventually pop. Hopefully it pops SOONER than Later. The longer this fraud continues the more people are going to be killed when this whole rotting system comes crashing to earth. The suffering will be extraordinary.
A good healthy bear market in order to shake out the retailers.
While it is undeniable that we are experiencing near hyper inflation (Austrian school definition i.e inflation is just a increase in money and credit) that doesn't mean that it is IMPOSSIBLE for us to have a major, temporary deflation/depression that would result in a major crash in stocks, real estate and yes crypto. I am not certain that this may happen however...
SHIB mania is going to make DOGE mania look tame. Retail noobs have no idea what circulating supply even is or why market cap matters. All they know is that they can get MILLIONS of shibs for the price of thousands of doges. This shit is going to melt faces.
Paper silver only exists to suppress the price of real physical silver. Paper silver just like fiat currency is a claim on nothing and just like fiat it will be worth nothing. The day will come when the holders of paper silver products that for every ounce of physical silver the comex has 200 paper ounces are being traded. When the default happens people will be...
At the end of 2016, bitcoin was making ATH while ETHBTC was massively down, subsequently ETH went 10x against bitcoin and way more against the USD. I believe this same pattern is playing out with LINKBTC, BTC made new ATH piercing 20k and the LINKBTC ratio shit the bed. I believe however that just like with ETH in 2016-17 this was and is a massive buying...
Just copying the bars from previous breakouts.
Looks like we could break upwards.
This is assuming we have another 24.5% reduction in the length of the accumulation phase.
Targeting our next support