I think the bottom of the current LINK-BTC downtrend will be near the 30k sats region which would coincide with what I believe is the main long term channel. For the short term I think holding BTC is the better bet, at least until this reverses and starts moving back toward the top of this channel. However, long term I believe the trend channel holds and continues into the future. As always, it's very difficult to be confident in this prediction given the insanity that is the crypto market.
Happy new year to you all!
Happy new year to you all!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.