🚀 Bitcoin’s rollercoaster ride continues! As the US debt ceiling drama unfolds, BTC might take a pit stop at $70K before zooming up again. Treasury Secretary Janet Yellen’s debt issuance pause could tighten liquidity, but analysts are split on its impact. 🤔
Raoul Pal predicts a local top at $110K in January, while others see BTC as a hedge against economic chaos. With global liquidity set to rise post-March, Bitcoin’s future looks bright, potentially hitting $132K by 2025.
What do you think? Will Bitcoin defy the odds? Share your thoughts below! 📈
If Bitcoin breaks through $110,000, the cumulative short order liquidation intensity of mainstream CEX will reach 612 million
According to BlockBeats, on January 20, Coinglass data showed that if Bitcoin breaks through $110,000, the cumulative short order liquidation intensity of mainstream CEX will reach 612 million.On the contrary, if Bitcoin falls below $107,000, the cumulative long order liquidation intensity of mainstream CEX will reach 798 million.BlockBeats Note: The liquidation chart shows the degree of impact when the price reaches a certain position. Higher liquidation columns indicate that price changes will trigger a stronger market reaction.
Chainlink Could Break $50! Experts Reveal the Secrets Behind This Surge
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Current technical indicators suggest that Chainlink may experience a significant rise, with a price target as high as $50.
Bullish Flag Pattern Indicates $50 Target Analyst Michael van de Poppe believes that Chainlink has long-term growth potential and even considers it a blue-chip stock. Other analysts predict that the LINK price will reach $32, $35, or even $50 in the future. Currently, Chainlink's market capitalization is approximately $15.5 billion, with a trading price of $24.30.
Technical analyst Ali Martinez points out that LINK is forming a "bullish flag pattern," which usually indicates a precursor to a price breakout. According to Ali's analysis, the four-hour chart shows a descending wedge pattern, which often leads to an upward breakout. If the price breaks above $24.47, Chainlink's next target price could be $27.18, $30.36, while in the long term, the target could be as high as $50.93 or even $58.63.
External Factors Drive Bullish Sentiment In addition to technical charts, rumors of Chainlink's partnership with BlackRock are also influencing market sentiment. If the partnership is finalized, the price of LINK could reach new highs. Increased whale activity also indicates that institutional investors are confident in Chainlink's prospects. Recently, a report from IntoTheBlock showed a surge in trading volume among large investors, rising from $35 million to $185 million, with 613 transactions. This increase in trading volume typically signals further upward price potential.
Moreover, Chainlink's CCIP v1.5 upgrade and collaborations with BTguru are also driving its technical applications and market adoption.
Potential to Break Historical Highs in the Future Although the LINK token has not reached a new historical high, its continuously growing user interest and adoption rate provide strong support for its price. Many analysts are optimistic about Chainlink's future; Ali Martinez believes that based on the current technical patterns, Chainlink is likely to break the $50 mark. Investors should proceed with caution, but the market's optimistic sentiment and technical signals provide strong evidence for LINK's rise.
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Attention! Chainlink is about to break through! Analysts are bullish on the target of $50
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Chainlink (LINK) rebounded sharply on Thursday, breaking through the $23 mark, the first breakthrough in more than a week. This rise has aroused the enthusiasm of investors, and market analysts are generally optimistic that Chainlink is expected to usher in a new round of gains.
In the past 24 hours, Chainlink has risen by 9%, breaking through $23 for the first time, setting a new high in ten days. Especially after the election, Chainlink followed the market to rise, and it soared by 200% in just one month.
In this rebound, LINK successfully broke through the high of $22 in March 2024, setting a new high of $30. But the pullback in December temporarily hindered its rise, and the price fluctuated and consolidated in the range of $20 to $25. However, as whales continue to buy in large quantities, analysts believe that Chainlink is expected to break through higher targets, and $50 is not out of reach.
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Don't panic, $LINK holders! 😅 The recent dip in LINK's price should not scare you into selling off at relatively low prices. Profit-taking is a natural part of the crypto journey, and it's essential to set realistic targets and avoid making impulsive decisions. 📊
Underground analysis reveals that some savvy investors are gradually accumulating LINK, anticipating a potential surge in the near future. And we've got the inside scoop! 🤫
Our analysis indicates that LINK's first target could clock in at $25 in a limited time. That's right, folks! LINK is poised to make a significant comeback, and holders who remain calm and patient could reap the rewards. 🚀
- Gradual Accumulation: Savvy investors are accumulating LINK, anticipating a potential surge. - Realistic Targets: Setting realistic targets and avoiding impulsive decisions is crucial in the crypto market. - Underground Analysis: Our analysis reveals a potential surge in LINK's price, with a first target of $25. Buy $LINK Now!
Stay calm, stay patient, and stay informed! 📊 Follow us for the latest updates, analysis, and insights on LINK and the crypto market.
The probability of dropping to 5 dollars and reaching a new high is 0
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/Chainlink Forms A Daily Bullish Pattern – Top
Chainlink has faced significant selling pressure recently, experiencing a 22% drop from its local supply zone to test crucial demand around the $20 mark. Despite this decline, market sentiment surrounding LINK remains optimistic as analysts and investors anticipate a strong recovery. Many view this pullback as a strategic opportunity for accumulation, with the potential for massive gains later this year.
Top analyst Carl Runefelt shared a compelling technical analysis on X, highlighting that LINK is currently trading within a falling wedge pattern on the daily timeframe. Falling wedges are often seen as bullish reversal patterns, and a breakout above the descending resistance could signal the start of a substantial upward move. According to Runefelt, once LINK successfully breaks out of this formation, the stage will be set for a massive rally, potentially propelling LINK toward new highs.
With Chainlink’s strong fundamentals and growing adoption in decentralized finance (DeFi) and blockchain ecosystems, the current price action could serve as a springboard for significant gains. However, the immediate challenge lies in reclaiming lost ground and pushing above the wedge’s resistance. As the market awaits confirmation of a breakout, LINK’s trajectory in the coming days will be critical for shaping its long-term trend.
Chainlink Poised For Recovery After Recent Decline
Chainlink has solidified its position as one of the most promising altcoins in this market cycle, standing out in the rapidly growing Real World Assets (RWA) sector. Its innovations and partnerships are driving broader adoption, particularly with a groundbreaking collaboration with XRP. This partnership aims to enhance the functionality and adoption of Ripple USD (RLUSD), a stablecoin designed for decentralized finance (DeFi), making Chainlink a pivotal player in the ecosystem.#Chainlink #ChainlinkUpdate
Heavy news! Wall Street and Trump Pay Attention to Currency Unveiling ㊙️
The attention of the financial industry is focused, and the currencies that Wall Street and the Trump family are concerned about have finally been exposed! According to the latest news, there are only 11 days left until Trump's official inauguration on January 20, 2025. At this critical juncture, these highly anticipated currency lists have surfaced, which may trigger a new round of volatility in the financial market.
The list of currencies is as follows: -SPX OM、Ondo、SUI、PENGU -XRP XLM、UNI、PRIME、CRV -LINK ARC、ENA、SPEC、ZRO -AVAX APT、1INCH、EIGEN、SHRAP
Why is it worth paying attention to? It is reported that these currencies are not only seen as important asset allocation directions for the Trump family, but are also likely to receive strong support from powerful conglomerates behind Wall Street. Various signs indicate that in the next few days, it may be an excellent opportunity for these currencies to bottom out. Investors may want to prepare their layout plan in advance, seize this rare opportunity, and not let the opportunity for wealth appreciation slip away from their fingertips.
𝗽𝘂𝗽𝗶𝗲𝘀 This Ethereum based token is hailed as the next SHIB, with extraordinary potential and worth paying attention to!#比特币价格走势分析 #加密市场回调 #市场调整策略 #币安MegadropSOLV #BNB纳入不丹GMC加密战略储备 $SUI