One widely followed crypto analyst is turning bullish on decentralized oracle network Chainlink (LINK<\/a>) after a massive correction.<\/p>\n Crypto trader Micha\u00ebl van de Poppe tells<\/a> his 722,800 followers on the social media platform X that based on a historical pattern, Chainlink could enter an uptrend against Bitcoin (LINK\/BTC<\/a>) to end the year.<\/p>\n \u201cLINK has been seeing the same pattern over and over again. First six months downwards. Second six months bull market. We\u2019re in the second six month part and are slowly grinding upwards. Good times ahead.\u201d<\/em><\/p>\n The analyst also says<\/a> that LINK is printing a bullish pattern against Bitcoin on the daily chart.<\/p>\n \u201cLINK continues to show momentum as it\u2019s continuing to break the highs. It\u2019s more important to watch the Bitcoin pair of the altcoins rather than the USDT pair, as you\u2019ll define the strength\/weakness of altcoins more through the BTC pair.\u201d<\/em><\/p>\n LINK is trading for 0.0002243 BTC ($13.11) at time of writing.<\/p>\n Lastly, the analyst predicts<\/a> other altcoins will soon have a bullish reversal.<\/p>\n He suggests that OTHERS, which tracks the market capitalization of all crypto excluding the 10 largest digital assets and stablecoins, is forming a bullish double bottom pattern against Bitcoin (OTHERS\/BTC) on the weekly chart.<\/p>\n \u201cYou might wonder whether we\u2019ll be having a bull market for altcoins ever again. I think it\u2019s on the horizon\u2026 Once we\u2019re looking at the OTHERS\/BTC chart, we can see that we\u2019re having a double bottoming procedure and the lowest valuations of altcoins in three years, compared to Bitcoin.\u201d<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" One widely followed crypto analyst is turning bullish on decentralized oracle network Chainlink (LINK) after a massive correction. Crypto trader Micha\u00ebl van de Poppe tells his 722,800 followers on the social media platform X that based on a historical pattern, Chainlink could enter an uptrend against Bitcoin (LINK\/BTC) to end the year. \u201cLINK has been […]<\/p>\n","protected":false},"author":2,"featured_media":338685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-338683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/338683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=338683"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/338683\/revisions"}],"predecessor-version":[{"id":338689,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/338683\/revisions\/338689"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/338685"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=338683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=338683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=338683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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