If Bitcoin (BTC) Manages to Hold $101,500 as Support, $110,000 Target Possible
Poppe Reveals There Could Be an Entry Opportunity for LINK Coin in the $25 Region
Ali Charts Predicts LINK Coin Could Surpass $30
While Bitcoin has paused a bit at $105,000, altcoins have lost up to 5% in the last 24 hours. The pullback in BTC price has had an impact on the altcoin market. Although we are in a bull market, we have been pointing out for months that we should not expect prices to rise constantly and that this will happen. Therefore, this decline is not a surprise. So, how are price predictions for LINK Coin shaped?
Negentropic examined the current state of Bitcoin in today’s market analysis. The analyst examined the price action at $103,848.5, highlighting possible scenarios that investors may encounter. Regarding the pullback Bitcoin made after reaching $108,000, he stated that the support levels are between $101,500 and $102,500. In the event of a bounce at these levels, it is predicted that BTC could make a rise towards $110,000. However, it remains unclear whether the bulls will be able to maintain these support levels or whether a deeper decline will occur.
Chainlink (LINK) Price Prediction$LINK
Chainlink (LINK) stands out as one of the leading projects in crypto infrastructure services. LINK, which has an important position especially in the DeFi field, has almost monopolized price feeds. In addition, it aims for long-term growth with the CCIP (Cross-Chain Interoperability Protocol) project, which it launched long ago in order to achieve the same success in the real-world assets (RWA) field. Poppe's analysis company made the following comments in its evaluation for LINK Coin:
“LINK is currently in the process of grabbing liquidity and retesting previous support levels. Breaking below support is a key strategy to gather this liquidity. The first target would then be to reach the previous high, which could result in a 50% rally. Potential entry opportunities for LINK could then occur at levels between $25-$27.”
As a result, the volatility in Bitcoin is reflected in altcoins and entry opportunities may occur between $25-27 for LINK, which may be a significant opportunity for investors.