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Saturday, January 08, 2022

The Golden Chains

Even though Bitcoin has been bearish recently, Chainlink has been strongly bullish, and over the past few days has been able to flip the $23.2 area from supply to demand. When Bitcoin dropped sharply, Chainlink did too, as it pulled back from $27.5 to retest the $23.2 support. 

For almost two weeks, all major whales have turned their sights and attention to Chainlink and the oracle problem. All that wealth and no way to interact with the real-world. Oracles free the blockchain from its inherent isolation.  The blockchain requires oracles. 

Chainlink is the industry standard for building, accessing, & selling oracle services needed to power hybrid smart contracts on any blockchain.

As I said the other day LINK once again will lead the bull market. The chart speaks for itself. 


Market has flipped back to 2020 when DEFI led the bull market and it looks like we are heading back to the future.

Always accumilate the top coins in your wallet set them and forget them that is your treasury, and you trade the shit coins.


Update 

An ETH whale just bought 57,000 $link ($1,438,680 USD). Ranked #123 on WhaleStats:




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