Chainlink has moved back down to the theoretical re-accumulation band against Bitcoin. Now that LINK is back in this region, can we expect a price rally to ensue? In this video we take a look at what has happened in the past, identify short-term risks that always exist, and discuss possibilities over the next few months. The price movement of LINK will of course be somewhat dependent on Bitcoin. By having Bitcoin and Chainlink in your portfolio, you actually improve your risk-adjusted returns since they improve your covariance matrix and reduce idiosyncratic risk. TA Video by Benjamin Cowen.
