Is the LINKBTC chart projecting more #DEFI & #ALTCOIN pain?

2024年6月17日

Since topping out nearly 4 years ago
the #LINK versus #BTC ratio has been down and to the right, with relief rallies being sold into.
Clear trend of lower high's and lower low's.

The trend has not been friendly to the Link Marines!

Are we repeating the tale of #XRP and their faithful army?

Both get dumped on by the their respective foundation or founding company.

Both claim Banks will use their products / software ...

Link does have #CCIP usage but it is not the only #interoperability solution.

We already have #RWA on the blockchain.. they are called #stablecoins.

Either this ratio is in danger of breaking down.

Which maybe signalling a broader #Altcoin market demand destroying period....

Could #geopolitical tensions explode this summer to cause a massive #RISKOFF event and the #Dollar to spike?

2024年6月18日

註釋

#LINKMARINES need to defend these levels

2024年6月23日

註釋

Marines stepped up for a small period of time ...
back down at key levels

2024年7月31日

註釋

LINKBTC brokedown and backtested that mini head and shoulders

2024年8月5日

註釋

1st objective nearly

crypto Cobie was particularly scathing on link & doge
old coins no chance of new euphoria was his take

2024年11月8日

交易進行

Bounced HARD off the target
#TRUMP is pro #DEFI (at least that is the narrative)
#LINK is benefitting from that sentiment.

1月10日

註釋

#LINK Marines sold the trump wallet bounce hard