LINK Pump Targets Set at $43 and $70 With Bullish Cycle Top Chainlink Prediction of $200 – $250

Altcoin Chainlink prepares to hit two pump targets at $43 and $70 before shooting up to hit cycle top target of $200 - $250.

Posted by by Lauren Cole
Chainlink Whales Secure $44 Million LINK as Double-Bottom Pattern Forms
  • Bitcoin reclaims 6-digit prices spurring bullish altcoin action.
  • Analyst expects Chainlink to hit two pump targets of $43 and $70.
  • LINK cycle top target set between $200 and $250.

Altcoins show strong pump potential as Bitcoin reclaimed its 6-digit prices. In particular, Bitcoin (BTC) is back at the $101,000 price level and analysts are eager to see new ATH arrive for the pioneer crypto asset in the coming weeks ahead. One analyst expects Bitcoin to surge towards new highs by the start of February. 

Altcoins Prepare for Massive Pumps

Meanwhile, several altcoin are showing highly bullish indicators on their price charts. To highlight, these signals align well with altseason expectations as every Q1 following a Bitcoin Halving year has always ushered the peak of that bull cycle’s altseason. As we enter this phase once again, several altcoins are showing strong signs of going parabolic once again. 

One such altcoin is Chainlink (LINK). As we can see from the post above, this analyst  highlights how LINK is currently breaking out of a promising bull flag and falling wedge pattern. With this breakout, the analyst expects LINK price to shoot towards his next two conservative targets set at $43 and $70.

These pumps would mark two significant surges of 95% and 210% from the asset’s current price, which according to CoinMarketCap analytics is at $24.05. The analyst also marks how the last breakout took about 38 days, which means the LINK price pumps will arrive by the end of February. Furthermore, as depicted in the comments, the analyst shares his cycle top target for LINK between $200 and $250 this bull cycle.

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