The cryptocurrency market is showing signs of bullish momentum, with Bitcoin steadily aiming to reclaim the $60,000 level. This uptick in market recovery was catalyzed by the German Government’s decision to liquidate its entire Bitcoin holdings yesterday, alleviating significant supply pressure. As this positive trend permeates the altcoin sector, the Chainlink price analysis shows a three-day rally to rise 6% and reach a trading value of $13.1.
Chainlink Price Analysis: Whale Accumulation Pattern Sets LINK for Major Reversal
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