Bitcoin Volatility and Chainlink Dey Show Early Altseason
For di past two weeks, Bitcoin Volatility don bring price from all-time high wey pass $124k go low wey dey under $109k. Bitcoin Volatility don shake leverage traders comot but e create better buying chance for people wey get capital. Chainlink (LINK) dey show say altcoin season fit soon start.
Central bank policy still dey in focus. European Central Bank president, Christine Lagarde, warn say market fit get gbege if central bank no get independence again. Di article talk say di strong money printing wey dem do during COVID-19 no good and dem talk make dem reduce di rate manipulation so market go balance.
Crypto traders suppose dey watch as LINK momentum dey rise as clue say altcoin rally go soon come. E good to remain flexible as market dey volatile and dey monitor altcoin season signs to sabi when to enter market. Bitcoin volatility plus Chainlink together dey show say altcoins fit get better trend and market fit get better hope again.
Bullish
Di Bitcoin Volatility wey dem highlight show say di market dey go through correct kind change wey better pass say e go down steadily. For history, wen market go from high record to deep pullback, na so altcoins go dey rally, like for early 2021 wen LINK jump before market catch up. Chainlink get more activity for chain and dem dey achieve development wey show say people still trust these oracle projects.
Christine Lagarde talk about central bank freedom and how dem dey print money, e show say di big risk for economy never finish. But when people dey talk say dem dey manipulate rate, e dey push demand for crypto because traders dey use am as cover so their money no go lose value for fiat. As debate for money policy dey hot, crypto assets like LINK go benefit from money wey dey find better return with risk balance.
For short time, traders fit use dis high changing price use range strategy for $109k–$124k Bitcoin level and dey watch LINK for signs wey say e go breakout. Long term, steady altseason momentum fit make mid-cap tokens value dey increase. All these things combine make market get hope say crypto cycles go start again.