If you are still doubtful on Link , I would suggest that you really take a look at your reasoning why. Is it getting too hot? Maybe. Why is it running up in price so hard vs btc? Well i believe that somebody wants your Linkies and is willing to pay a very high premium on them. Why? Bc they are able to look into the futures in years and understand just how valuable an oracle will be. I really dont even think we've seen the biggest move from Chainlink yet. I see ALOT of ppl saying that they will buy the pullback to 10 dollars. Here is what i think. If it does pull back to 10 dollars it will be so fast it will make your head spin. If you are betting on that i would suggest that you ladder in your orders all the way down to 10 dollars. Too many are waitng on this pullback and I JUST DONT SEE IT HAPPENING.
Long Chainlink
Short the Shorters
Long Chainlink
Short the Shorters
Commentaire:
BTW i dont see this chart as a sign that Link will pullback. But rather that Bitcoin is overdue for a large leg higher