Bitcoin

Chainlink

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 A widely followed crypto analyst is taking a look at altcoins as Bitcoin (BTC) stumbles.
 Crypto trader Michaël van de Poppe&nbsp;tells&nbsp;his 695,000 followers on the social media platform X that Chainlink (LINK) could potentially reach $40 in the next few months, a huge 123% increase.
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 “Chainlink had another leg upwards in their BTC pair towards the crucial resistance.
 Failed to break out.
 It’s looking for a higher low &amp; support and then a reversal towards 4500 satoshis again.
 I think LINK is likely to run to $30-40 in the coming months.”
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHBcSF6XoAAbr-c?format=png&amp;name=4096x4096" alt="" width="1063" height="499">
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 Source: Michaël van de Poppe/X
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 LINK is trading for $17.80 at time of writing.
 With Bitcoin down a slight 1.6% over the last seven days, Van de Poppe expects&nbsp;to be able to take advantage of a market-wide dip.
 “I’ll be looking to buy the dip on the markets.
 One of them is, potentially, API3 which is currently facing an exciting zone to look at opportunities.
 Between $3.50-3.80, I’m interested before another leg up happens.”
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHBb18jWsAQkm9f?format=png&amp;name=4096x4096" alt="" width="1063" height="499">
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 Source: Michaël van de Poppe/X
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 API3, a Chainlink competitor and oracle service, is worth $3.73 at time of writing.
 Despite BTC’s recent pullback, the analyst still expects Bitcoin’s overall trend to remain up.
 “Bitcoin having a slight pullback before continuation upwards.”
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GHAna6IXMAA10b6?format=png&amp;name=4096x4096" alt="" width="1063" height="499">
 <figcaption id="caption-attachment-190710" class="wp-caption-text">
 Source: Michaël van de Poppe/X
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 BTC is trading for $50,945 at time of writing, down 1.1% on the day.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-trader-updates-outlook-on-bitcoin-and-altcoins-says-chainlink-could-explode-by-123-tbt80675.html">https://thebittimes.com/crypto-trader-updates-outlook-on-bitcoin-and-altcoins-says-chainlink-could-explode-by-123-tbt80675.html</a>

Crypto Trader Updates Outlook on Bitcoin and Altcoins, Says Chainlink Could Explode by 123%

TheBitTimes

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