RATE Group | As Bitcoin Remains in Bear Territory, This Crypto is About to Rocket to Fresh Highs
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As Bitcoin Remains in Bear Territory, This Crypto is About to Rocket to Fresh Highs

As Bitcoin Remains in Bear Territory, This Crypto is About to Rocket to Fresh Highs

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It has been a rocky past few weeks for the cryptocurrency markets, with Bitcoin plummeting from recent highs of $10,500 to lows of $8,400, leading most major cryptos to similarly see some intense bearishness.

There is one crypto that has been able to rally in the face of this market-wide selling pressure, however, with Chainlink setting fresh all-time highs against its Bitcoin trading pair.

This massive uptrend has led one top analyst to note that LINK’s strength against its BTC trading pair is likely to lead it significantly higher against USD in the days and weeks ahead.

Bitcoin Remains Stuck Beneath $9,000 as Analysts Eye Further Downside

After incurring a fleeting surge up to highs of $8,950 earlier this morning, Bitcoin faced a swift rejection at this level that subsequently led the cryptocurrency to plummet back towards $8,700 – which is where it has been hovering at over the past few days.

Today’s early morning rally came about in tandem with an upsurge seen by Gold and the…

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