After a historic run over the past few days (since April 6th, 2020 @ 09:00 EDT), KRAKEN:LINKXBT may finally be cooling off. Over the course of three days, LINK/XBT rose from around 0.0003345 XBT to a high of 0.00047499 XBT marking a solid 42% gain. Since that highest price point, LINK/XBT has started cooling off noticeably and has drifted lower and currently rests at about 0.0004399 XBT (as of right now).
Is the momentum completely over or is this a temporary "regrouping" or "consolidation" period? Historical precedent would advise us that (as with all things in this universe) "what goes up must come down" - and "every action has an opposite and equal reaction". Therefore, it would be wise to be prepared for at least a gradual decline before things pick up again. As with all things crypto, we'll just have to wait and see what comes next.