down for the short time UP for the long term
you alway look for confluence in the market. so if you asked yourself, why didnt alts jump in the rally of btc to 18400. every coin has to tend to behave on its own way. because btc is so dominant in the market it always influence the coin in particular.
Chainlink always tends to test the previous all time high, before the next bullcycle begins. I believe when btc is coming down in the coming days, that it will drag link down. the drop is from the baseline a 20 percent, that would line up perfectly by a drop of btc of mostly 30%. why 30% drop of btc ? because it tends to behave like that in parabolic times. you always look for confluence in the market. i believe this will be a perfect one before alt season start.
this could be the perfect bottom for link/btc
Chainlink always tends to test the previous all time high, before the next bullcycle begins. I believe when btc is coming down in the coming days, that it will drag link down. the drop is from the baseline a 20 percent, that would line up perfectly by a drop of btc of mostly 30%. why 30% drop of btc ? because it tends to behave like that in parabolic times. you always look for confluence in the market. i believe this will be a perfect one before alt season start.
this could be the perfect bottom for link/btc
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