Bitcoin, Chainlink and Crypto.com – European Wrap 18 March


    Bitcoin price consolidation continues with the formation of a bullish setup. A breakout from this formation could be the key to triggering a bull run, but things are not as simple as they appear. On-chain metrics and market indicators suggest that the bullish thesis has more than meets the eye.

    BTC/USDT 1-day chart

    Chainlink price has created a bottom reversal setup that suggests LINK is due for a move up north. While the oracle token is nowhere near a breakout, it indicates the possibility is around the corner.

     

    SHIB/USDT 4-hour chart

    Crypto.com price looks like it is ready for a bull run, according to the 2-day chart. Bulls only need to push CRO just a trim higher before sidelined investors flood the gates.

    Crypto.com Price Chart

     

     

     

     



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