*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should...
As a decentralized oracle critical to many DeFi projects, LINK has had a fantastic year in 2020, pushing up gains of 1,000% at its peak of $20. However, since Mid-August, the token has been caught in a descending channel. LINK recently broke this channel, and many people are now wondering whether this is the start of a new uptrend or a temporary move before...
Despite Link's fundamental shortcomings, we need to realize that crypto is driven partially by euphoric sentiment and market signal is often times, more important than macro signal, at least in the short run. While the time of reckless speculation may be gone, we can't overlook the effect that DeFi craze and the resurgence of crypto bull market may have on the...