Veteran crypto analyst Michaël van de Poppe has predicted a bullish outlook for Chainlink (LINK) and predicted an imminent breakout if Bitcoin (BTC) holds above $25,700.
The analyst cited data from the 12-hour LINK chart to present his claim.
The chart shows a recovery candle from LINK after two consecutive 12-hour bearish sessions.
This recovery took the asset to $7.24. In the middle of the last candle, van de Poppe announced that he expected Chainlink to break higher. According to the analyst, the condition for this increase is that Bitcoin must rise above the level of 25700 USD.
