Somewhat self explanatory. We have a multi year long trend line on the LINK/BTC pair. We have started bouncing off of this pair again.
Reasons to long -trend is your friend, until it ends -BTC, finally showing signs of slowing? -Strong project fundamentally and IMO has become the standard decentralized oracle provider for top DeFi projects
Reasons to be wary -BTC has not confirmed a reverse in trend - we could see 20k or slightly higher before a pullback (if a pull back even happens... lots of institutional interest) -Trend does not HAVE to hold