WHO IS READY FOR $15 IN AUGUST??
KNCUSDhttps://www.tradingview.com/x/sAQbTol1/
Recent rallies have shown mighty solid TA holding up. The rising wedge is normally bearish, but clearly saw a reversal when we had a mini rally that hovered around $8.50 (for 2 days), followed by a rising channel, which is bullish by default to around $9.60 (so far 3 days). NOW we are sitting 3 days into a symmetrical triangle in an uptrend. Let's see how this executes in the coming days.
Overall, July saw price move from $6 to $8 in one day, and now we have witnessed $6.90 to $9.60 in as little as 9 days.
Very minimal sell-side pressure outweighed by lots of decent volume on these rallies.
$15 does not seem out of the question. The question remains.....
"As Bitcoin becomes a digital store of value over the next 10 years AKA a non-transactional currency, where does Chainlink's Middleware fall in the importance of off-chain price data merging with smart contracts? Will we value BTC's actual $-value or something like Chainlink's oracle success? (especially when the masses start coming in).
Related publications
Disclaimer
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.