An analyst who accurately predicted the peak of Bitcoin's (BTC) 2021 bull market believes that the leading cryptocurrency is on the verge of a significant and explosive rally.
On Thursday, Chainlink (LINK) experienced an impressive price surge of approximately 19%. This notable increase can be attributed to the rollout of a new protocol by the blockchain oracle, coupled with significant upticks in both whale transactions and trading volume.
IntoTheBlock, the prominent crypto analytics firm, has recently revised its assessment of Chainlink (LINK) following the blockchain oracle's impressive and rapid recovery over the course of a single month.
High-net-worth crypto investors are making sudden and significant moves, transferring hundreds of millions of dollars' worth of digital assets, including the leading cryptocurrency and the most prominent altcoin.