Over the past several years the weekly stoch rsi has been very good at indicating good entries and exits for linkbtc. Right now we are at a good point to enter link imo and I think we can see a significant increase in the bitcoin value.
Expect new highs sooner and faster then you think! People forget that Chainlink has not once experienced a Crypto bull market, I am so excited.
Calling it now, if the trend of bitcoin continues we could see a million dollar bitcoin by 2026. The great reset will pave the way for unprecedented money printing and direct redistribution to the lower classes via central bank digital tokens. Already companies are looking for safe havens for their capital and many such as Square and Micro strategy will decide on...
This is a fire sale. Buying BTC in the coming weeks will make you RICH
My guess is 2027-2032
In my opinion Chainlink is the darling of this market cycle due to the fundamentals. The technicals of the Chainlink chart are the best in the whole market buy a huge margin. I feel we are at the very beginning of a new crypto bull cycle. Chainlink went from 0.2 USD to 20 USD in a bear market so I am excited to see what it can do in a bull market, definitely a...
14k bitcoin and 17k bitcoin are key algo targets where trading bits will take profits
Chainlink has bottomed out. On this chart I show that in the past Chainlink has often corrected 50-70% and right now we have at our lowest hit a 65% correction. Expect us to either go sideways for half a year or to rally 1000% to $100 Chainlink
My guess at where this correction will end is the previous resistance line.
Unless chainlink has had a change in behavior, we will likely see a 50-70% decline in price from our $20 high before re-accumulating above $6 and heading for $50+
A few months ago a ounce of gold cost 120 ounces of silver. The roman empire set this ratio at 12:1 Whilst the US government set it at 15:1 The people that managed to buy silver at 120:1 probably bought the most undervalued asset in the history of mankind. Gold and Silver are treasures more valuable than human lives, this was the popular sentiment in Europe,...
Chain link is still cheap compared to the price it will be in a few years from now.
Smart money starts to buy in here.
This is not the kind of price action you want to see from a breakout from a ascending triangle. Perhaps the move to 12.5 was a bulltrap and now we are going to correct.
I expect link to surge to 20-25$ than to correct to the 21 day moving average to reaccumulate. Or we could go parabolic to 50$+ and then crash to the 21 week moving average. Both are possible and both will make good buying opportunities.
Consider this, how likely is it that Bitcoin will keep the number 1 marketcap of all cryptos? Perhaps you might think it unthinkable that bitcoin could lose it's throne however I feel that Bitcoin has to much competition and provides nothing unique. Many hold bitcoin because it is number one and they think of it as a 'sure thing' however what if a certain crypto...