EthereumLong
Chainlink is beating the market. Hard [Indexed to cycle bottom]
Chainlink has been beating the whole market. Hard.
I feel like not many people really understand and see that outside of the Chainlink Community.
Going by last 3 year performance, 2 year performance or since last cycle bottom with BTC at $3200 and ETH at $85.
Chainlink has seen the greatest increase in price. Slow and steady over the whole time.
Red+Green Candles is ETH/USD
Orange is BTC/USD
Blue is LINK/USD
The pink line represents the peak cycle price of ETH and acts as comparison as to how other cryptocurrencies performed *relative* to Ethereum price.
You can see the index line (Yellow) representing the bottom. All 3 cryptos are aligned here.
From there on, Chainlink went it's own way. On every pump, it went up further. Every dip was a bit shorter.
Even the shortterm downtrend (the Lows) in BTC and ETH from June 2019 to March 2020 have been ignored by Chainlink.
While they both created lower low after lower low (red dashed line), Chainlink made higher high after higher high (green dashed line) and since the altseason beginning, Chainlink went on a spree to upwards of $20.
Imagine still sleeping on this.
While Chainlink kind of had seen *a* bullmarket on it's own already, one should not underestimate such a performer and how it's doing in a real bullmarket.
Once BTC and ETH go on a real spree, pulling the whole cryptomarket with it.. Chainlink can show what it REALLY can do with tons of liquidty coming into the market.
With the recent announcements of companies acquiring BTC for their treasurys and all those BTC marco investors turning/being bullish this month/quarter, I think we are in for a massive ride.
Capriole Charles, Willy Woo and Lyn Alden.. all superb macro investors, betting on big upside here based on onchain data and fundamental analysis.
Inflow of new money into the space through exchanges, the mining hashrate and BTC Trust Fund volume has seen record high month after month.
Price is a lagging indicator. Get ready and hold Chainlink.
I personally reconsolidated more than 90% back into Chainlink again
I feel like not many people really understand and see that outside of the Chainlink Community.
Going by last 3 year performance, 2 year performance or since last cycle bottom with BTC at $3200 and ETH at $85.
Chainlink has seen the greatest increase in price. Slow and steady over the whole time.
Red+Green Candles is ETH/USD
Orange is BTC/USD
Blue is LINK/USD
The pink line represents the peak cycle price of ETH and acts as comparison as to how other cryptocurrencies performed *relative* to Ethereum price.
You can see the index line (Yellow) representing the bottom. All 3 cryptos are aligned here.
From there on, Chainlink went it's own way. On every pump, it went up further. Every dip was a bit shorter.
Even the shortterm downtrend (the Lows) in BTC and ETH from June 2019 to March 2020 have been ignored by Chainlink.
While they both created lower low after lower low (red dashed line), Chainlink made higher high after higher high (green dashed line) and since the altseason beginning, Chainlink went on a spree to upwards of $20.
Imagine still sleeping on this.
While Chainlink kind of had seen *a* bullmarket on it's own already, one should not underestimate such a performer and how it's doing in a real bullmarket.
Once BTC and ETH go on a real spree, pulling the whole cryptomarket with it.. Chainlink can show what it REALLY can do with tons of liquidty coming into the market.
With the recent announcements of companies acquiring BTC for their treasurys and all those BTC marco investors turning/being bullish this month/quarter, I think we are in for a massive ride.
Capriole Charles, Willy Woo and Lyn Alden.. all superb macro investors, betting on big upside here based on onchain data and fundamental analysis.
Inflow of new money into the space through exchanges, the mining hashrate and BTC Trust Fund volume has seen record high month after month.
Price is a lagging indicator. Get ready and hold Chainlink.
I personally reconsolidated more than 90% back into Chainlink again
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