LINK vs QNT (BULLS IN A BEAR MARKET ANALOG STUDY)
In the 2018 to 2019 bear market, Link was a strong performer, making new highs where other assets sank to new lows. I think QNT may perform similarly throughout 2022-2023. Already showing signs of strength vs BTC in the current bear market of 2022. Additionally it is a central player within the ISO 20022 narrative where the Fedwire Funds Service will be adopted on a single day, March 10, 2025. I expect that this date will mark the final wave up for QNT with divergence, given that it should be a 'sell the rumor' event. This also coincides with the estimated date when BTC should break out to all time highs, ushering in the insanity phase for all crypto assets. Similarly when BTC broke to all time highs in Dec 2020, this was the technical event that gave us the final push up in price for LINK, bringing it's long held title during the bear market to an end. I can foresee the break out of BTC being a selling event for any bear market out-performer, as the upside opportunity for those assets has been stretched far enough during a cycle that favored them. As soon as the opportunity to divest capital to the assets that have been beaten up and are waiting in the wings to ride BTC's coattails, money will naturally flow out and into the path of least resistance. A.K.A. Alt season.
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