Based on the EW count, like a lot of other crypto charts we are in a long W4 correction that's tired a lot of people out. LINK is defying gravity, hopefully it stays that way when BTC resumes upwards.
IF the LINK chart fulfilled destiny and met the 0.618 extension target then the price relative to a 43000 BTCUSD would be 374.
So far we are flipping the yellow line to support, breaking the triangle, on bullish MACD divergence. The worst case is that LINK actually outperforms on this chart relative to a sinking crypto space... In which case it would be a useful raft.
100K BTC would mean an 807.06 link, that's a 28x from the current price of 28 LINKUSD.
IF the LINK chart fulfilled destiny and met the 0.618 extension target then the price relative to a 43000 BTCUSD would be 374.
So far we are flipping the yellow line to support, breaking the triangle, on bullish MACD divergence. The worst case is that LINK actually outperforms on this chart relative to a sinking crypto space... In which case it would be a useful raft.
100K BTC would mean an 807.06 link, that's a 28x from the current price of 28 LINKUSD.
