For the next year it looks like we'll end up with somewhere between a $140 to maybe even a $300 LINK. Anywhere in the lower blue band would be the best place to buy.
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Trend is still intact even after that massive drop, it's still in our beautiful lower blue range, still a very attractive area to buy if this isn't the start of a 3 year bear market.
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Wow...3 year pitchfork trend since Dec 2018 is now invalidated. Brutal
Many thanks for the analysis. Do you think we could actually retrace back to the low 40s?
Shmebulock
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@noelbyr1928, Of course. This is crypto after all, if Bitcoin enters price discovery again (which at this point seems like a certainty) it'll suck the narrative and oxygen from the crypto market for at least a little. I see this as normal and healthy, we'll have multiple 20-40% correction this year imo. And if I ever see LINK deep in the blue bar I'm going to buy a bunch more. Last time I bought was Dec 21, it looks like I timed it perfectly and I hadn't even charted this out yet.
CptnAhab
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@Shmebulock woooaaah your last buy was in the future. Marty! We have to go back!