Potential summer slowdown There's been a noticeable uptick in criticism towards Chainlink on X, with the prevailing narrative questioning the necessity of the BIST:LINK token. I anticipate downward pressure on BIST:LINK due to Bitcoin's influence, potentially exacerbated by the voices of skeptics, who will cite CCIP GA as a failure. While this may lead to a...
HAPPY HALVING Here are some potential ways I see this cycle going. Pink pathway: If a left translated cycle is in the cards. Yellow pathway: How I likely see this playing out, but we'll see! Maybe a good time to accumulate this summer. Purple: Degen pathway, hyperbitcoinization, hopium, s-curve adoption We'll see! Stay patient and stack sats
Sentiment around the world and markets is generally low, which may lead to a depressed time for Crypto. We'll see!
Note the year and a half-long channel. Honestly, it could go down to supports, or we could break resistance. We'll see!
If the narrative holds true with recession/depression and other sad things, I could see this going back down to support. Presidents added for fun and perspective.
Chance of going up with the wedge before more pain. Yeah we'll see.
Just putting my thoughts onto a chart. agree or disagree, idc
Potential bear flag scenario. I'm not confident in this since this trading is all over the place.
Red Megaphone down or green rising wedge down? Or neither. Idk, but it's still bear territory. Good luck.
Rebounding off the falling wedge with a bull flag formation. Send it.
Either fall or break this really strong resistance.